Let's take a look at this foreign trader’s attitude toward stop-loss orders:

$LAB STOPPED ✋️

I only risked 1% of my entire portfolio on this trade, so only lost 0.5%...

I said it was high risk, if it paid off it would have been great reward!

I seen someone say it was a shit trade? What was exactly shit about it?

Because the stop got hit?

You can only trade with what you see infront of you and sometimes that doesnt come off for numerous reasons!

Maybe it was shit because you over invested in a high risk but high reward trade?!

If you clearly have 0 risk management to your name I clearly cant help you because these are the basics you need, and need to understand if you want to do it full time like myself.

Overall since the arena im still up +42%... remember the bigger picture, and start manage your risk properly.

🌐 Translation:

$LAB Stopped ✋️

I only risked 1% of my total assets on this trade, so I only lost 0.5%...

I said this trade was high risk; if it paid off, the reward would have been great!

I saw someone say it was a shitty trade? What exactly was shitty about it?

Because the stop loss was triggered?

You can only trade based on what you see in front of you, and sometimes, for various reasons, things don't go as expected!

Maybe the trade was shitty because you over-invested in a high-risk, high-reward trade?!

If you clearly have zero risk management to your name, I obviously can't help you — because these are the basics you need, and you need to understand them if you want to trade full-time like I do.

Overall, since entering this market, I'm still up +42%... Keep the bigger picture in mind and start managing your risk properly.

⚠️⚠️⚠️Undoubtedly, no one can avoid stopping out — the real question is how much you lose when the stop is hit? Usually, we believe a stop-loss order should not lose more than 2% of the full margin, at most 3%! Holding onto losing trades + adding to losers + going all-in = going to zero! ⚠️⚠️⚠️