As professional traders, our primary focus is to approach this a successful business in risk management. We ALWAYS use stop losses! Trading without stop-losses is a form of gambling and we don’t approach the markets this way….EVER!
Combining the use of stop losses, risk management, and money management, you can gain the confidence to have a sound trading plan. This, in turn, gives you the ability to call yourself a risk manager as opposed to a trader…A much more suitable job title IN OUR HUMBLE OPINION.
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