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Before i also dont use SL because of thinking price will come to my point but many time i prove not correct because price come in that palce but to blow out my account and after that many time i always use now SL to protect my fund and keep my loss in certain level. and for this its very very necesary to use sl.
experience is an asset for us. since we are not able to maintain and regulate how much harm can we receive it we will continue to fail. so many traders I've met and failed. memanagement he could not he have the funds. he just wanted to quickly get great results. miracle will not come by itself if we do not want to try and pray