A story of a trader who almost lost everything… if it weren't for the stop-loss order!
There was a young man named "Sami" who was excited about the crypto world and decided to enter a trade on a coin that was gaining strength after hearing a recommendation from a friend. He invested all his capital without setting a stop-loss order. At first, the price moved in his favor, so greed took over and he neglected the risks.
But the market is unforgiving. Within just a few hours, the trend reversed, and the price suddenly plummeted, causing Sami to lose 70% of his account!
He learned the lesson the hard way: no trade without a clear exit strategy, and the stop-loss order is your first line of defense.
Since that day, Sami has not entered a trade without accurately setting a Stop Loss.
Have you learned the lesson too?