Stop-loss is not cowardice; it's a form of supreme wisdom.
In the cryptocurrency world, losses are not terrifying; what is terrifying is - losing and still holding on.
How many people have gone from floating losses to liquidation, from "there's still a chance" to "account balance zero",
for one reason only: unwillingness to stop-loss.
Remember this: the market is uncontrollable, but desire is controllable.
Stop-loss has never been a failure; it is the beginning of the next success.
Real trading experts have already thought of the worst-case scenario before they act:
Where is the entry point?
Where is the stop-loss point?
Is the profit potential sufficient?
Is the risk of loss acceptable?
Once the price triggers the stop-loss, they do not hesitate, do not hold the position, do not fantasize. Because they know that tactics and risk control are a hundred times more important than winning or losing.
You can never control the market, but you can control yourself.
When it's time to leave, leave; decisively admit mistakes when necessary, protecting the principal is the key to surviving until the end.
Those who can survive in a bear market and make a fortune in a bull market are all those who dare to "gracefully admit defeat" in the face of small losses.
Profits are reserved for those who understand the importance of respecting risk. The truly exceptional are not those who make a few correct trades, but those who keep losses manageable and steadily increase their account value.
As for how to set stop-losses, how to manage positions, and how to avoid being driven by emotions?
Those who understand will come to find out for themselves.
