#CryptoMarketWatch

What happens if you don't use Stop Los Stop Loss? 

Let's say your trading account is AED 10k and you want to achieve a 300% net profit increase, this means that you will exit the market with AED 40k if you are right. If you do not use Stop loss in this case, if you are wrong and the market moves in the opposite direction, you will lose everything you own. Thus, you will only have one chance to make a profit and if you lose this opportunity you will not be able to succeed. This way your chance of success becomes only 50% and you can't increase it