I'm considering trading without setting a stop-loss. I want to know if it's a good idea to do so, or if there are any risks I should be aware of before making this decision.
7 answers
CryptoEmpireGuard
Sun Dec 08 2024
If the market moves adversely, traders may face substantial financial repercussions.
KpopHarmony
Sun Dec 08 2024
By not setting these orders, traders may be able to maintain their positions in the market for a longer duration.
Lorenzo
Sun Dec 08 2024
This strategy allows for more flexibility and the potential for greater gains.
Ilaria
Sun Dec 08 2024
However, it is crucial to acknowledge the inherent risks associated with this approach.
SeoulSoul
Sun Dec 08 2024
Traders can potentially enhance their returns by refraining from utilizing stop-loss orders.