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📘 Day 10 — Why Stop Loss Is Mandatory

A stop loss is not weakness.

It is protection.

Without stop loss,

you are not trading — you are hoping.

🔹 What Is Stop Loss?

Stop Loss =

Predefined exit point if trade idea becomes invalid.

It is NOT where you “feel scared.”

It is where your logic breaks.

🔹 Why It Is Mandatory

1️⃣ Protects capital

2️⃣ Controls maximum loss

3️⃣ Removes emotional decisions

4️⃣ Keeps risk consistent

Without stop loss: One trade can destroy months of profit.

🔹 Common Mistakes

• Moving stop loss further

• Removing stop loss

• Using random tight stops

• Risking too much per trade

This turns small losses into big damage.

🔹 Professional Rule

Stop loss must be:

• Logical (based on structure)

• Calculated (based on risk %)

• Accepted before entry

If you cannot accept the loss before entry,

do not take the trade.

🧠 Important:

Small controlled losses

are business expenses.

Big uncontrolled losses

are emotional mistakes.