Technical Analysis By Dean Market Profile

What Is A Stop Loss? In its most basic form, a stop loss is like a parachute, but not the one used by skydiving junkies, more like the ones kept in private jets should an emergency present itself... I could never understand the skydiving daredevils, I can appreciate the thrill in it, but relying on a single parachute, never really made sense to me. Using stop loss in your trading us much like banking on a parachute everytime you jump out of a plane. The risks are just too high should it fail, and this is what happens with the majority of retail traders who take the well-meaning advice of always placing a stop loss... Read full blog post here - https://www.deanmarketprofile.com/2018/12/stop-loss-go-to-guide-for-traders-and-investors.html