Don't be afraid of stops!😰
(Provided you adhere to risk management and strategy of course)
When people come to trading, they think that it is easy to make a profit🏖, but after a few failures they decide that trading is not for them and give up😞
Although even the best traders have a win rate of about 50/50👍
This means that there can be a series of profitable and a series of losing trades (for example, 5 losing and 6 profitable), but this fact does not prevent professional traders from systematically showing smooth PNL from month to month👨💻
Remember! Trading is associated with risks😠, no one guarantees profit after every trade, but with proper adherence to risk management and the right attitude towards stops, you will achieve a pleasant, smooth PNL return over the long term, and this is already a step towards professional trading🏄♂️
Stops are an integral part of any trading strategy, and the one who does nothing is not making a mistake☺️
Don't be afraid of stops!👌
Next time we'll talk about the reasons for this fear and ways to overcome it😎