want to share my opinion about stop-losses.

I don’t use them, because very often the stop gets triggered — and then the price moves in the right direction, but you're no longer in the trade.

I do it differently: I set a take-profit, but no stop-loss.

Let’s say I have $1000, and I enter a short with $100.

The price would have to increase 10 times to get me liquidated.

A 2–3% drawdown is acceptable, especially in an overbought market.

So why would I use a stop?

Trade with small amounts — and everything will be fine.

You won’t lose money.

If you're looking for excitement, go to a casino — the odds are better there.

In trading, you need to be careful and stay calm.

From my experience, technical analysis often doesn't work.

Thanks for your attention.#IsraelIrancConflict