#StopLossStrategies
I used to hate using stop-loss orders. I felt like setting one meant I didn’t believe in my own trade. “What if it hits my stop and then bounces back?” That fear kept me from using them - and it cost me a lot.
But after getting wrecked in a few sharp market moves, I realized the truth: a stop-loss isn’t giving up, it’s protecting your capital. It’s a way of saying, “I’ll live to trade another day.” And more importantly - it removes the emotion from the equation.
Now I always set my stop-loss based on a mix of technical levels and risk tolerance. I also avoid placing it right on obvious support/resistance - market makers love hunting those.
Trust me: if you're trading without a stop-loss, YOU'RE GAMBLING. With a stop-loss, you're MANAGING RISK like a pro. It changed the game for me, and I’ll never trade without one again.