Why is Stop Loss Essential?

Stop Loss means minimizing and limiting losses. Always remember, you set the loss limit, while the market decides the profit percentage.

The crypto market is very fast and can change direction at any time. If you trade without a stop loss, a small loss can gradually become big. Many people ruin their entire account due to this one mistake.

Some people short traded a coin, and when it started going down, they didn't sell hoping it would bounce back, but it never did and kept going down.

Setting a stop loss lets you know in advance the maximum loss you can bear in that trade. This reduces mental pressure and prevents emotional decisions.

Some clear benefits of Stop Loss:

- Your capital remains safe

- Prevents emotional and impulsive trading

- Stops big and unnecessary losses

- Helps you stay in the market longer

Good trading isn't about making a profit every time; it's about controlling losses. Trading without a stop loss is like putting yourself at risk.

Will you trade without a stop loss now? What did you learn from today's post? #stoploss #StopLossStrategies $RIVER