#TradingSafety The Dangers of Trading Without a Stop-Loss Trading without a stop-loss is one of the biggest safety mistakes a trader can make. A stop-loss automatically closes your trade when the market moves against you beyond a set level, protecting your capital from massive losses. Many beginners skip using it out of overconfidence or fear of being stopped out too soon. However, without a stop-loss, a single wrong trade can wipe out your account. Always define your maximum loss before entering a trade — discipline here ensures long-term survival.