Many new traders think that if they are incurring a loss, they just need to be a little patient, and the market will come back.
But the reality is that if your portfolio has gone down by 50%, you will need a 100% profit to bring it back to break even!
And if there is a 90% loss, you will need a 900% gain to recover!
Now think for yourself:
Is such a big gain easily possible? ā
That's why every professional trader must use Stop Loss in every trade.
It not only saves your account but also protects you from long-term losses.
š Backtest your strategy
š Monitor Drawdown
š§ and trade smart by setting Stop Loss
Remember: Surviving in the market is more important than making a profit.
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