Post
Topic
Board Trading Discussion
Re: Stop loss ?
by
Issa56
on 17/02/2024, 18:40:53 UTC
When you start trading business you must use stop loss but face less loss.
And why do you think it’s a must to make use of stop losses if you are trading? When trading, stop loss is optional, you can decide to make use of it, or you can just leave it, it’s a choice. Some people have been trading for years, and they never made use of stop loss in their trades before, and things are really going well for them, and some people are always making use of stop loss in all their trades to reduce lose, so it’s just a choice.

If you use this method of investing, you will face very few losses and have a high chance of profiting.
How will stop loss give you a high chance of profiting in a trade? All I know is that stop loss will help you cut the loss in your trade in case the trade goes against you and you are not online to monitor your trade, but I don’t know how that will give you a high profit in a trade.