📒 Series of Dialogues in Trading Science:
🖋 Lesson: 6 — Stop Loss
👼● Guardian: What is a stop loss?
🦅■ Falcon: It’s an order that automatically closes the trade when the price reaches a level you set in advance, to protect your capital from bigger losses.
👼● Guardian: And why do I need it?
🦅■ Falcon: Because the market doesn’t always move as we expect… and the stop loss prevents a small loss from turning into a major bleed.
👼● Guardian: Where do I place it?
🦅■ Falcon: At a logical level that invalidates your idea in the trade—not at a random number you’re afraid to reach.
👼● Guardian: Does that mean I’ve failed if it gets hit?
🦅■ Falcon: No… sometimes being hit is proof that you respected your plan. Controlled loss is easier than clinging to a losing trade.
🔥 In trading, the stop loss isn’t an enemy that drives you out of the market… it’s a guardian that protects you from turning a trade loss into a capital loss.
للإطلاع على باقي المواضيع يرجى الدخول من هنا
$AIA $HEMI $MET
#DYOR
🦅💌 To my inspiration, the one I named one night: my angel and my dreams—I dedicate this series to you; because you taught me that when some doors close, it isn’t the end of the road… it’s protection for what remains of the dream.
🖋 Lesson: 6 — Stop Loss
👼● Guardian: What is a stop loss?
🦅■ Falcon: It’s an order that automatically closes the trade when the price reaches a level you set in advance, to protect your capital from bigger losses.
👼● Guardian: And why do I need it?
🦅■ Falcon: Because the market doesn’t always move as we expect… and the stop loss prevents a small loss from turning into a major bleed.
👼● Guardian: Where do I place it?
🦅■ Falcon: At a logical level that invalidates your idea in the trade—not at a random number you’re afraid to reach.
👼● Guardian: Does that mean I’ve failed if it gets hit?
🦅■ Falcon: No… sometimes being hit is proof that you respected your plan. Controlled loss is easier than clinging to a losing trade.
🔥 In trading, the stop loss isn’t an enemy that drives you out of the market… it’s a guardian that protects you from turning a trade loss into a capital loss.
للإطلاع على باقي المواضيع يرجى الدخول من هنا
$AIA $HEMI $MET
#DYOR
🦅💌 To my inspiration, the one I named one night: my angel and my dreams—I dedicate this series to you; because you taught me that when some doors close, it isn’t the end of the road… it’s protection for what remains of the dream.