Learn to admit mistakes‼️

1. What is stop loss
Make a mistake, the market moves against you, losses exceed your tolerance, admit defeat and exit in time, don’t stubbornly hold on, don’t gamble on a turnaround, keep losses within a limited range.

2. Why is it a compulsory course

• The market always has surprises, no one can avoid mistakes forever, without stop loss you will eventually be trapped in a major loss or margin call.

• Not stopping losses only leads to more losses, small losses turn into big losses, big losses lead to deep traps, and finally mental breakdown and passive cut.

• Stop loss is not admitting defeat, it’s protecting your principal and saving your next opportunity. As long as the principal is preserved, there’s always a chance to turn things around.

3. Core principle
Profit depends on opportunity, survival depends on stop loss; being able to make money is a skill, but being able to stop loss is a survival ability. Whether investing, trading, or doing things, it’s a lesson everyone must learn.
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