（3）止损限额（Stop-Loss Limits）是指所允许的最大损失额。通常，当某个头寸的累计损失达到或接近止损限额时，就必须对该头寸进行对冲交易或立即变现。
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He also saw me ignoring some basic rules of good trading like observing limits, taking profits at pre-determined points, and adhering to stop-loss guidelines.
FORBES: Orchestrating Failure
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