Stop-loss cannot bring profit; its true function is to prevent unexpected events.
Many people have a misconception: "I set a stop-loss, so I can place orders boldly without fear of risk." This way of thinking is fundamentally wrong.
The role of a stop-loss is not to allow you to enter the market recklessly but to provide a final line of defense against unpredictable risks.
Just like wearing a seatbelt while driving, the purpose is not to allow you to speed freely but to save your life in the event of an accident.
The importance of stop-loss is undeniable; it is an indispensable "lifeline" in trading.
But one thing must be clear: stop-loss does not directly lead to profit.
What truly brings you profit is your trading ability. Just like an excellent driver, it is not about how securely the seatbelt is fastened but about having strong driving skills, accurate judgment, and a stable mindset.
The same goes for trading; the core of profitability lies in whether you possess sufficient cognition, strategy, and execution.
Stop-loss only helps you "survive longer" in the market, ensuring you are not eliminated due to a single mistake.
But to truly "live well," it depends on your own cognitive system and trading ability.
First, ensure you can stay at the table for the long term, and then focus on how to win chips at the table.
Do not use "setting a stop-loss" as an excuse for placing orders casually. **If you treat stop-loss as a psychological comfort after a failure, then this type of stop-loss is merely chronic bleeding, which will ultimately lead to the loss of your capital and confidence.
In summary: stop-loss is a defense line, not capital for offense; profit relies on strength, not luck.
