Claiming that stop-loss is discipline is actually nonsense. No one can see the entire market situation, and everyone sets their stop-loss at the previous high or previous low of their current level, but most of the time they end up losing. Here's the interesting part: those who go long are usually executing at the highest point of their current level, and those who go short are executing at the lowest point of their current level😁... Is this all just chasing orders? No! Actually, these are all forced executions triggered by stop-losses... Therefore, everyone should honestly face their so-called "discipline stop-loss"…
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A Brief Talk on Stop-Loss
Claiming that stop-loss is discipline is actually nonsense. No one can see the entire market situation, and everyone sets their stop-loss at the previous high or previous low of their current level, but most of the time they end up losing.
Here's the interesting part: those who go long are usually executing at the highest point of their current level, and those who go short are executing at the lowest point of their current level😁... Is this all just chasing orders? No! Actually, these are all forced executions triggered by stop-losses...
Therefore, everyone should honestly face their so-called "discipline stop-loss"…