⚠️ Important warning for all new traders: Don’t underestimate the stop loss!
Many beginner traders believe they can control the market without a clear plan… and the result? A significant loss.
The stop loss is the safety line for your capital. If you don’t use it, it means you are playing with fire 🔥
The hardest thing that can happen:
You enter a losing trade, get stuck in it, and don’t know how to get out, while the price keeps falling… and this can wipe out a large part of your balance quickly.
Illustrative examples:
If you bought $BTC
for $30,000 and didn’t set a stop loss, and the price suddenly drops by 5% → your loss is $1,500 immediately.
If you traded $ETH
for $2,000 with 2X leverage without a stop loss, and the price drops by 3% → your loss will double to $120.
If you entered $BNB
for $400 and there’s no Stop Loss → any drop of $10 in the price can significantly affect your portfolio.
💡 Golden advice:
Before you think about profits, focus on protecting your capital. Set a Stop Loss for every trade, even if you are trading small, and reduce risks in the long term.
Keep your safety in the market, and learn to control losses before dreaming of profits 💪