Current location - Loan Platform Complete Network - Foreign exchange account opening - What is the function of stop loss in foreign exchange trading? Many of my friends can make money without stop loss when making orders?
What is the function of stop loss in foreign exchange trading? Many of my friends can make money without stop loss when making orders?
Stop loss is an important means to protect yourself in stock trading, just like a brake in a car. Only by being good at "braking" in an emergency can we ensure safety. The ultimate goal of stop loss is to save strength, improve the utilization rate and efficiency of funds, and avoid small mistakes leading to big mistakes or even the annihilation of the whole army. Stop loss can't avoid risks, but it can avoid greater unexpected risks.

Not stopping loss when making a single order is a taboo for investment. No matter how much money you earn, it is temporary. In the end, there is only one result waiting for it: another explosion.