Good.

If you’ve ever had the experience of watching a trade go from a small loss to a huge loss, then you’ve experienced firsthand what it means to trade without a stop loss. Many traders avoid this tool because they think they can “control the situation,” but the reality of the market is unforgiving.

Not having a stop loss not only exposes you to uncontrollable losses, but it also puts your discipline and trading future at risk. Let’s explore why this is not an option for traders who want to survive in the long run.