#TradeStories
When I realized what a stop loss meant
I bought the currency $ACH and entered with $40 after I heard about it in a video.
But I forgot to set a stop loss and kept following it daily.
The currency dropped gradually until it took $25 from me.
All this while I left the trade open waiting for it to recover.
What hurt me was not the loss
What hurt me was that I could have exited with a small loss if I had set a stop loss.
Since that day, I haven't entered a trade without an exit plan.