"Trading is not a business of predicting, it is a business that involves hypothesizing and risk management"
It is common practice among retail traders to use needlessly wide stop loss due to fear of taking a loss and preserving their win/loss ratio. This fear is commonly caused by lack of knowledge and due to insufficient research and back testing. They don't understand that losses happen and they are part of this business and that there is no place for fear, if you want to be a successful trad…
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