What is stoploss?
Know the truth most gurus can't explain to you the way you need it.
A stop loss is not meant to save a trade, it is meant to define risk before you enter.
Before clicking buy or sell, you should already know exactly how much you are willing to lose on that idea.
Place your stop where your trade is proven wrong, not at a random price or an emotional level.
Then adjust your position size to match that stop, never the other way around.
Always check risk to reward first.
If the potential reward is not at least two to three times the risk, the trade is not worth taking.
Never move a stop loss further away to avoid being wrong.
That turns discipline into hope.
Getting stopped out is part of trading.
Surviving long enough to stay consistent is what makes profits possible.
