$BTC

Entering the market without a stop loss is like handing over your fate to the market to decide; it's akin to being fish on a chopping board for the traders to slaughter. The market's fluctuations are rapid, and a single violent washout can take away all your bullets. Not using stop losses doesn't mean you're not confident; it means you're incredibly foolish. True experts are never afraid of losses; what they fear is limitless losses while still holding onto hope. Everyone must learn how to control their losses; it's not about fantasizing a comeback. Using stop losses is about preserving your life, because only if you are alive will you have the chance for a next turnaround. It's not frightening when the market clears your bullets; what's truly frightening is that you could lose all your confidence at any moment.