What is a stop loss?

A stop loss is something within your plan.

When you open a position, you should have an expectation of loss.

If the price reaches the predetermined point and it’s wrong, automatically stop loss.

If you are wrong, accept it, don’t resist the position.

Strictly follow trading discipline.

There are plenty of opportunities, this one doesn’t matter.

If what you do has a high success rate, you will make money in the long run💪