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why some #Traders fails to apply stop loss order
Some traders may avoid using stop-loss orders for various reasons.
Some believe it exposes them to market manipulation, while others fear premature triggering due to market volatility.
Some traders may also have a high-risk tolerance or lack risk management discipline, leading them to forgo stop-losses in pursuit of higher profits.
However, it's crucial to recognize that not using stop-losses can expose traders to significant losses and undermines a sound risk management strategy.
Desire to micromanage trades, fear of missing out on potential profits, or overconfidence in predicting market movements.
Additionally, emotional attachment to positions and a reluctance to admit a trade's failure can lead some traders to resist implementing these risk management tools.
However, it's important to emphasize that disciplined use of stop-loss and take-profit orders is crucial for managing risk and maintaining a balanced trading strategy.
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