Quote Originally Posted by Trader_Rob View Post
That's right! Beginners often ask only about how to earn profit. But they must also know that limiting the losses is just as important as profiting.
Here comes in the Stop Loss feature. This is one of the most important tools in trading which many investors neglect. Personally, this tool is my saving grace. I know, when the SL is executed, it means that you acquired a loss. But the point here is you would lose only the amount that you anticipated. If you did not set a stop loss, then you can lose a lot more.