Never Trade Without Stop Loss & Take Profit
Trading without a Stop Loss or Take Profit is a recipe for disaster.
Here’s why:
Stop Loss protects your capital by automatically closing losing trades before they spiral out of control.
Take Profit secures your gains by locking in profits before the market reverses.
Futures trading is highly volatile, and leverage can amplify losses as much as profits. These tools keep emotions like greed and panic in check and ensure you stay disciplined.
Pro Tip: Always set a Stop Loss and Take Profit before opening any trade. Protect your wallet—trade smart!