How to Use Stop-Loss & Take-Profit Like a Smart Trader

Most people think trading is just buying and hoping.

But real traders use tools like stop-loss and take-profit with logic and discipline.

✅ STOP-LOSS — It’s About Survival

A stop-loss isn’t just a number.

It’s your personal risk boundary.

Place it near a key technical level like a resistance/support zone.

BUT ask yourself:

"If my stop hits, can I mentally & financially handle this loss?"

If the loss is too big:

Either reduce your position size, or

Don’t take the trade at all.

Smart traders don’t just protect their money

they protect their peace of mind.

✅ TAKE-PROFIT Don’t Get Greedy

💰 Profit is not a sin.

❌ Don’t watch it disappear because you were chasing more.

Set realistic take-profit targets:

Take what the market gives you

If you want to ride more, use a trailing stop

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