Unfortunately not that many newbies understand this, every single trade, every single purchase, all has a doubt, and if you feel like you trust it 100% then anyone who believes like that is a fool, they should never consider that at all.
We need to arrange something that would be a lot smarter and we need to make sure that we could make some good returns one way or another, that would allow everyone to get a better hang of things. I get that life is not all that confusing and we could have some trouble, but the reality is that we are going to end up with a bit of a doubt and that's a good thing, doubt makes sure you are on your toes and doing your best ,having full confidence means you will not be ready when something goes wrong.
It's better to be ready than sorry, if you keep on doing anything wrong then you would be ready to fix it right away or prevent it getting any worse. I hope that we could get to a point where people realize stop loss is a must.
The trader should not do the random trade in the exchange,because some coin just listed in the reputed exchange to make the money and fly with your money.So it was essential for the traders to check the background of each and every project to make the good difference in the trading.Many people became a millionaire in the trading by choose to trade with some analytical skills.Some trader had made the trading and loss the money.Finally they was went away from the trading with the loss,if the trader was get away from the loss.Then the possibility of trader to get back to trading was very low.The confidence is essential for the trader to make some good money in the trading using the trading skills.
It's always recommended to use stop loss when you've got active trades even if you are 100% positive of the trade, why? because you are unsure of the market and it's 100% unpredictable. But if you have been trading for so long and it didn't helped you out and you have other strategies that works well to you without the use of stop loss, then forget about it and just stay to the typical strategy that you've been used to. There's no need for you to go along with stop loss, I hope that I can be like you though.
![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
The trader can use the stop loss option in the trading using the trading exchange help,So the trader can get away from the trading complete loss.The stop loss trading technique was used in the future trading in many exchanges,So the traders get away from complete loss in the future trading.