Peace, mercy and blessings of God Almighty members.Stop loss is a very good thing, but it has some disadvantages as well. Since the stop loss will always help the trader not to lose more than the amount of money the trader is willing to risk from their capital in trading, the stop loss can sometimes be respected and can be manipulated. There are some scenarios in which the stop loss will be made and then after a few moments the market will start to move in your direction but the trade must have already been closed due to the stop loss.This is why it is worthwhile to place your stop loss limit somewhat further than the original market price so that the market can have room to make adjustments and regain direction without hitting your stop loss. But we must learn to use it properly so that we can maximize every chance of making good profits rather than getting streak losses.
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