How to use stop losses in the spot market. Or sight?!

❔Do You Use Stop Loss in Your Trades?🔑 🤔

🤦🏻‍♂️If you don't use stop loss, what's stopping you?🤔

I'll give you an example, after that you should always use SL and manage risk, because Risk Management is the most important thing in trading, because if you lose all your capital or get stuck in a trade for 3 to 4 months, what are you going to trade?🙇

Stop Loss is like the brakes of a car 🚗💨
Think of driving a car at high speed—everything is going well, and you're feeling confident. But suddenly, there's a sharp curve ahead. What do you do? You hit the brakes! 🛑

Without the brakes, you would risk losing control and crashing. Just like that, a stop loss helps prevent big losses on a trade when the market moves unexpectedly. Without a stop loss, you risk losing control and crashing. In addition, a stop loss helps prevent large losses on a trade when the market moves unexpectedly.

After you lose your trade, you still have an opportunity because your capital is safe and if there is a buying opportunity, you can enter and profit.

Share your thoughts below! If you disagree with me😁
#stop #BIOOnBinance #BIOOpenonBinance #USStateBuysBTC