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Whether to set a stop loss or not?
Most of the trends are consolidation trading, set a stop loss, your position will be exposed to the enemy's butcher's knife.
Most of the trends are consolidation trading. Without a stop loss, your position will be mixed with the enemy. They can't see it, so you can survive! The premise is: light position and following trends!
Why 80% forex trader is loser, most of them are retailor trader, they have small fund, they belive the forex broker's teaching: set stop loss. YES! set stop loss is right. But retailor trader's fund is too small, small funds determine that their stop loss is too narrow, so they are often swept away. Too many stop losses accumulate and eventually exhaust all their funds.
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