BNB

In trading, stop-loss should be prioritized over take-profit. Many novice traders are very decisive when setting take-profit, but often hesitate when setting stop-loss, even fantasizing about market reversals when in loss. An effective stop-loss strategy can preset the maximum loss amount before you enter the market. If the market trend is not as expected, timely stop-loss can avoid unnecessary losses.

Many novice traders are somewhat unclear about setting stop-loss and take-profit, even considering stop-loss as a sign of 'failure'. In reality, stop-loss and take-profit are your core tools for managing risk and protecting capital. Stop-loss should be set before entering the market to ensure that once the market turns unfavorable, you can exit in a timely manner to prevent losses from widening.