Don't make the same mistake you made!
How and why? I will explain to you.
When you start trading instantly with a currency,
if you are a beginner, never place a stop-loss order
because you will lose the trade within an hour.
The reason is that you do not understand market movement and the movement of the currency you are trading,
especially if it is a volatile currency. A slight movement at the candles will sell your trade at the stop-loss,
and thus you will lose without any benefit.
... It is better for you as a beginner trader to start with trades
without a stop-loss and with a profit target close to the market price,
and thus you will win without losses and gain more experience over time in analyzing the market and currency movements.
Thank you.
