Most reading this will probably not Value your posts -- Brilliant (remind one of the Biblical Story: "Can't throw Pearls before Pigs...")
You are one of the wise persons here. Glad to know you!
Most reading this will probably not Value your posts -- Brilliant (remind one of the Biblical Story: "Can't throw Pearls before Pigs...")
Stop losses are essential in trading to protect your capital and limit losses when the market moves against you. Instead of trying to avoid stop loss hits, focus on using them effectively. Use a reasonable risk-reward ratio, place stop losses at logical levels, adjust position size based on risk tolerance, employ trailing stop losses, and analyze stop loss hits for improvement. Remember, no one can predict the market with 100% accuracy, so aim for consistency and profitability over time rather than perfection in every trade.