Stop losses are an essential tool in forex trading, acting as a safety net to limit potential losses. While they can feel frustrating when triggered, they protect traders from significant downturns. Stop losses help maintain discipline and prevent emotional decision-making. They provide peace of mind, allowing traders to step away from the market without constant monitoring. However, setting stop losses too close can result in premature exits, while wider stops increase the risk. Traders must find a balance based on their strategy and risk tolerance. Ultimately, stop losses are a necessary evil, offering protection and ensuring long-term success in the unpredictable world of forex trading.