If you hear that, 'stop loss is not a loss they are new opportunity for more profit'.Many new traders do this same wrong that they don't place a stop loss when they open a trade.The main reason of this is they don't have sufficient knowledge about where to place a stop loss.Sometime they place a stop loss and the market goes close in that point.But the market back to the above trend some time later and they start to think that if they don't place a stop loss they don't loss their money, they make some profit.Yes, it's true for sometime but I see many time it help me to protect from a lot of losses.

