Title:
Neglecting the stop loss: Leaving the trade to its unknown fate ⚠️
In the trading world, there is nothing more dangerous than entering a trade without a stop loss.
A trader who neglects this tool is like a ship captain sailing without a life buoy 🛶.
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🔻 Why do traders neglect the stop loss?
Overconfidence: "The market will definitely bounce back."
Fear of realizing losses.
Greed awaits the miracle of turning loss into profit.
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⚠️ The result?
Losses swell until they swallow the account.
The trader becomes emotionally attached to the trade.
Loss of ability to make a rational decision.
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✨ Summary:
Stop loss is not your enemy…
But it is the friend that protects you from total loss.
🛡️ The successful trader does not ask: "How much will I earn?"
But first asks: "How much am I willing to lose?"
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🔜 The third mistake awaits you: "Excessive risk — when you put all your eggs in one basket" 🥚💥
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