Many Futures traders, especially newcomers, are typically discouraged by the use of stop losses. In reality, getting stopped out is typically more beneficial to the trader in the long run rather than getting stuck in a losing trade.
In episode 82 of the Optimus Futures Podcast, we discuss the differences between being stopped out compared to being stuck in a trade and why using stops, in the long run, can potentially help traders.
The placement of contingent orders by you or broker, or trading advisor, such as a “stop-loss” or “stop-limit” order, will not necessarily limit your losses to the intended amounts, since market conditions may make it impossible to execute such orders.
