You must carefully examine the image below to understand the severity of the scene, especially if this is all his capital -3030%

• Imagine entering a short position on Bitcoin with only 27$ dollars without a stop loss as a precaution, and suddenly Bitcoin starts to rise without stopping

• You become a loser by -836$ dollars due to the stop loss you didn't set

How would he feel right now?

• I am sure he would say, if I had set a stop loss, it would have been better, or I shouldn't have entered the trade in the first place. Oh God, let Bitcoin drop to my entry price or half of my loss, and I will stop trading futures

Therefore, if you are a futures trader, be sure that you will face this harsh scene no matter how confident you are in yourself, and if you are smart, try to benefit from it now before you fall into it 👌