In the world of trading, mastering stop-loss techniques is a crucial first step, just like a thief must first learn how to escape; it is a basic survival skill 😂 We must first learn to protect ourselves before we can discuss anything else. The core of trading lies in achieving small losses and large gains, that is, being able to stop losses promptly when making mistakes, and holding firm when correct, allowing profits to run.
The prediction of market correctness and profits or losses is not directly related. What’s important is to exit the market with small losses when making mistakes, and to have the courage and patience to hold on when judging correctly, allowing profits to grow. This trading philosophy is something I gradually realized and practiced after experiencing significant losses; it helped me ultimately transform from losses to profits.
May these experiences assist you on your trading journey, walking further and further with fate.