2022 BRN Discussion, page-5514

If you think you are an investor and you are using stop losses, you are breaking the number one rule of investing and that is you are using money either that you need soon or money that is important to you, or you really don't believe in the company you have invested in. Trading is different though and I see the value in using them for that.

If you put stop losses on, you are helping the shorters because once they push the price down to certain levels it triggers stop losses and can create a multiplying effect down on the share price. I daresay if we get closer downwards to $1 and break that dollar, then it will go right down.

Brokers use them so they can make more money out of you. Because once they are activated, you can buy in cheaper at more fees for them. It gives you a sense of security. But in a disruptive and explosive market Brainchip is in, if you miss the bus, one trading halt will leave you in the dust.
Nothing goes up forever constantly and we all need to deal with that. It will zig zag over time upwards.