Most of the forex education available online talk about stop loss benefits for the trader as it is meant to minimise the losses. But i think stop loss is more of benefit for brokers than traders. Stop loss simply causes traders make more trades regardless of number of trades were winner or loser. While no stop loss help trader make more winnings and close most of their trades in profit - i.e. less trades more profits, with enough free margin of course to survive volatility.
What you think should we still use stop loss, and who benefits more of the stop loss trader or broker?
What you think should we still use stop loss, and who benefits more of the stop loss trader or broker?
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