Since we’re on the subject of Greek mythology and the valuable lessons that traders can benefit from, another story that would be good to remember is that of Achilles’ heel.

In this case, our main focus is the importance of using a stop loss when trading.

How are the two related, you ask?
Keep watching to find out!

So, you know how it only took “one shot” to kill Achilles, regardless of how powerful he was as a fighter?

Similarly, it could only take “one shot” for the market to turn around and bring down everything you have ever worked for.

The moral of the story? Protect your capital before it's too late!