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If you don't understand Stop Loss, you will never Trade Profitably. Stop loss is the most misunderstood concept in trading by the New comers, beginners and retail traders. The misconceptions about Stop loss, their aversion to use it, is the Single reason for the wipe out of their capital and hard earned money. If you don't understand and employ Stop loss and Take profit into your strategy, no matter how good your Trading indicators are, no matter how good your strategies and plan is, chances are that you will loose your account sooner or later. The only way to Consistently make profits and sustain in the markets for a long time is to have a solid Stop loss and take profit strategy.
This video explains you how Stop loss is misrepresented and misunderstood, Stop Loss is actually Save Capital, and Take profit is actually Stop Profit... it's a new perspective.
In the next videos I will give you 4 solid Stop loss strategies, for you to practice and Perfect your Strategies, which will help you in your journey towards becoming a better trader.
