Listen to me, there is a least recognized truth in this market——stop loss and take profit are never golden rules; what truly saves you is a solid risk management system.
Many people's problem is that they trigger their stop loss before they truly understand the risks. It's like driving without paying attention to the road conditions—you can only blame bad luck. Looking at it from another angle, if your trading plan isn't clear enough to foresee risk points, then you shouldn't even enter the trade.
So the core logic is simple: first ensure you truly understand where this trade might fail, then set up your defenses. The result of doing so is fewer wasted efforts and less unnecessary loss. The principle of trading is so straightforward—think carefully before acting.
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MidnightSeller
· 53m ago
In plain terms, you need to do your homework thoroughly; otherwise, any stop-loss you set is pointless. I've seen too many people rush in without thinking it through.
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HashRateHermit
· 4h ago
Well, I've heard this many times before, but very few actually follow through.
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WealthCoffee
· 4h ago
Basically, it's that old saying—think carefully before you get in, and don't just blindly cut losses.
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Anon32942
· 4h ago
That's reasonable, but I think most people simply can't think things through before acting. When FOMO kicks in, they go all in.
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LeverageAddict
· 4h ago
Speaking of which, this set of theories sounds quite smooth, but in practice, most people will still be slapped in the face by their emotions.
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CoinBasedThinking
· 4h ago
That's true, but I think most people simply can't think clearly before taking action; they are all controlled by FOMO.
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RugPullProphet
· 4h ago
Honestly, you're absolutely right. Stop-loss is not a universal remedy; the key is to have a complete system in place.
Listen to me, there is a least recognized truth in this market——stop loss and take profit are never golden rules; what truly saves you is a solid risk management system.
Many people's problem is that they trigger their stop loss before they truly understand the risks. It's like driving without paying attention to the road conditions—you can only blame bad luck. Looking at it from another angle, if your trading plan isn't clear enough to foresee risk points, then you shouldn't even enter the trade.
So the core logic is simple: first ensure you truly understand where this trade might fail, then set up your defenses. The result of doing so is fewer wasted efforts and less unnecessary loss. The principle of trading is so straightforward—think carefully before acting.