Reasons why a stop-loss works
There are many viewpoints that say you will be targeted if you aim to become a billionaire trader
However
If it is truly that billionaire traders are targeted
First, in past markets, that tendency can be observed accurately, right?
But even looking at past markets
If you use discretionary stop-loss trading
you can normally grow your capital
while fluctuating up and down
“The trading logic that increases results by increasing and decreasing is the real thing.”
Then, this is effective
And isn’t it perhaps the best trading logic?
Market intuition, etc.
That is, stop-loss trading that adds the mental aspect of the market can work normally
Trades using stop-loss plus take-profit (limit) also work when looking at past markets
In practice, I think it’s better to set an alert at the limit value and take profits manually,
(because of spreads, etc.)
Stop-loss as well
Stop-loss plus limit as well
If you apply market intuition, both are effective