How to be okay with taking a Stop Loss?

[momo3HC]

The SL is a MUST. Losses are part of the game. We can`t win them all. With a good money and risk management all will be fine.

 

[shaundadenney]

I can’t think of trading without a stop loss. It doesn’t only limit my losses in unfavorable conditions but also gives me the confidence that I won’t lose more than I can afford to.

 

[Overnight]

I can’t think of trading without a stop loss. It doesn’t only limit my losses in unfavorable conditions but also gives me the confidence that I won’t lose more than I can afford to.

Don't over-leverage and you won't need a stop-loss.

 

[MotionX]

If you do not want your to blow off completely, then think about using stop loss, it is very useful.

 

[sebking1986]

Treat it as a business expense rather than a loss.

 

[Raheel Shaikh]

Don't over-leverage and you won't need a stop-loss.

No stop loss only margin calls ?haha
That's risky, your emotions wouldn't let you pull out with a loss.
Most traders than become investors when they go in drawdown and then they don't want to cut their losses hoping it will go back to green one day.

 

[momo3HC]

Don't over-leverage and you won't need a stop-loss.

And what is over-leverage exactly mean for you?

 

[volpri]

I detest losses. The only good thing about losses is they save you money.

 

[volpri]

The only good think about SL’s is you can climb back out of the hole easier.

 

[volpri]

The only good thing about SL’s is they allow you to reset psychologically; regain composure if the market shook your emotions, rattled your confidence, or provoked seeds of self doubt.