Imagine that the price drops to half or even less than the p

Imagine that the price drops to half or even less than the purchase price while you are sleeping, for example, or when you are not following the platform. The stop loss order protects you from total destruction.

Alfred Gossi ifGa

I did not understand why we set a stop loss when we are the ones who order the buying and selling, and we only have to sell when the price rises above the purchase price to avoid loss??

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Imagine that the price drops to half or even less than the purchase price while you are sleeping, for example, or when you are not following the platform. The stop loss order protects you from total destruction.

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.css-1iqe90x{box-sizing:border-box;margin:0;min-width:0;color:#EAECEF;}Imagine that the price drops to half or even less than the purchase price while you are sleeping, for example, or when you are not following the platform. The stop loss order protects you from total destruction.

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Imagine that the price drops to half or even less than the purchase price while you are sleeping, for example, or when you are not following the platform. The stop loss order protects you from total destruction.