#stoploosstrategy
A stop-loss is **essential** because it acts as a **safety net for your money**, ensuring you:
1. **Limit Losses**
→ Caps how much you can lose on a trade.
2. **Protect Capital**
→ Prevents one bad trade from wiping out your account.
3. **Remove Emotion**
→ Automates exiting losers—no panic, hope, or hesitation.
4. **Enforce Discipline**
→ Forces you to stick to your risk-management plan.
5. **Free Up Capital**
→ Quickly cuts losers, letting you seize new opportunities.
**In short:**
**Without a stop-loss, you risk catastrophic losses, emotional trading, and blown accounts.** It’s the cornerstone of survival and long-term success in trading.