《Don't Let 'Stubbornness' Devour Opportunities: Stop Loss is the 'Restart Key' of Trading》
In daily trading, we find that many people blindly pursue maximizing profits while often overlooking a more critical issue—risk control. In fact, what allows individuals to stand firm in the market over the long term is not profit-making ability, but risk management capability.
Among these, stop loss is the core. Its significance goes far beyond reducing losses; it is a tool for protecting your capital and a guarantee for maintaining the opportunity to turn things around. The market is always filled with uncertainty, and no one can accurately predict every directional move.
By implementing stop loss effectively, you can withdraw in a timely manner when your judgment is incorrect, preserving your funds and opportunities. However, many traders choose to stubbornly hold on in the face of losses, hoping the market will turn around, which often leads them deeper into trouble.
This mindset essentially hands over fate to the market rather than keeping it in your own hands. Truly successful traders understand: losses are not frightening; what is frightening is not knowing how to timely end the losses.
