There is only one way to trade without fear, and that is to know, before you execute the trade, what your worst case loss can be if you are wrong.

You must be able to walk away from a trade knowing that your StopLoss is in place and will stop you out of the trade when you reach your previously calculated StopLoss level. This emphasise the importance of a well prepared Trading Plan, Proper execution, and a well defined Profit Taking and StopLoss Risk management strategy (Exit Strategy).

There are some factors that can make it difficult to keep a precise StopLoss
<ul>
	<li>Liquidity can be a problem when you try to exit, if a market get scared buyers and/or sellers might disappear.</li>
	<li>Important and unexpected marked news can create volatility that can make it difficult to exit.</li>
	<li>After an overnight market close the next session might gap open below or above you StopLoss because of overnight changes in the market.</li>
</ul>
There are only five possible outcomes for a speculation trade:
<ol>
	<li>Break even</li>
	<li>
<h3><span style="color: #00ff00;">Small Profit</span></h3>
</li>
	<li>
<h3><span style="color: #ff9900;">Small Loss </span></h3>
</li>
	<li>
<h2><span style="color: #00ff00;">BIG PROFIT </span></h2>
</li>
	<li>
<h2><span style="color: #ff0000;">BIG LOSS</span></h2>
</li>
</ol>