You Don't Always Need Stop Losses in Trading. Here's the Proof
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For many traders, the golden rule is to let winners run and cut losses quickly, often via stop losses. There are many high-profile traders that swear by the stop loss, as it can limit losses dramatically, but there are even very successful traders that don’t use stop losses. So, do you really need one? The answer is:
You Don't Always Need Stop Losses in Trading. Here's the Proof
You Don't Always Need Stop Losses in Trading…
You Don't Always Need Stop Losses in Trading. Here's the Proof
For many traders, the golden rule is to let winners run and cut losses quickly, often via stop losses. There are many high-profile traders that swear by the stop loss, as it can limit losses dramatically, but there are even very successful traders that don’t use stop losses. So, do you really need one? The answer is: