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Risk Management Practices
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Topic starter
03/01/2021 8:40 pm
Trading with a Stop LOSS Vs without Stop LOSS 🙄 😴 🤔
22/03/2021 1:20 pm
When you trade with no stop, it's like giving up all your trading account balance to the market. Your account is not protected at all.
Sometimes you may be lucky when a trade goes as predicted and you make money. However this is not guaranteed that it will happen all the time.
I want you to imagine the worst case scenario when you're wrong about the market and goes against you.
In this case, without a stop loss, you stand a chance to lose all the balance on your account if you're not the close trades manually.
This post was modified 4 years ago by Alpha
