Stop Loss Losses

[md49]

Why is it so upsetting when a stop loss kicks in. Is it because we can't even handle losing a small amount of money. or is it because now we are in a quandry as to when to get back in? why!

[3JN2]

Because a stop loss proves that we mis-read the market and are wrong

[SimonPB]

because we measure success or failure by the money .. which is totally wrong as it is the one thing we can't control ..

[md49]

Simon - I dont understand? How then do you measure a successful trade if not for the money??

[SimonPB]

profit or loss is the one thing we have zero control over in a trade .. we need to ignore it and focus (measure) our trading by what we can control .. risk, entry, exit, discipline etc ..

[kwagga]

Because you're inexperienced. Stop losses becomes as normal as brushing your teeth with experience. It just happens, and tomorrow is another day.

[BC02]

I find that if I stick to the 2% rule then the stop loss doesnt hurt that much, however whenever I over-exposed myself they use to hurt like hell.
Learn the 2% rule and the phrase "anything can happen on the markets" and trading will become much easier.

[Crux777]

What do you mean 2% rule ? I am new and set mine at 10% trailing and fixed.

[SimonPB]

2% rule video .. http://jol.to/?4J