Stop Loss - Stop loss The parachute that saves your life in trading.
In life, you know that paratroopers are very dangerous and adventurous, right?
The price to pay will be very expensive, sometimes it will cost one's life in exchange. The soldier's faith is in himself, his experience and the parachute on his back... When falling freely, the parachute will open and save his life...
The same is true in this fierce financial market.
The price paid in this market is also very expensive, it is converted into money, even a lot of money...
When the soldier leaves the plane when everything is carefully prepared, the perfect moment...
The parachute on the back is ready for the journey to land.
And it's the same when you enter an order
You enter an order when you have patiently waited for a good entry, have analyzed the market, and have many different scenarios when the market fluctuates.
Stop Loss - Cut losses when ready for the process of finding profits in the market.
Don't leave the plane unprepared without a parachute on your back.
Don't enter an order without a good entry without a Stop Loss - Stop Loss.
Wishing everyone good luck, lots of wealth... many profits.