#StopLossStrategies stop-loss strategies are an important tool for traders seeking to limit potential losses in the market.
🔹 Fixed Stop-Loss this strategy involves setting a stop-loss order at a fixed level, regardless of market conditions.
🔹 The trader can set a stop-loss at 5% below the purchase price. Easy to use. Does not account for market volatility.
🔹 Volatile Stop-Loss this strategy considers market volatility when setting the stop-loss order. The trader can use the average true range 49465318142 to determine the stop-loss level. Adapts to market conditions. More complex to use.
🔹 Trailing Stop-Loss this strategy involves automatically adjusting the stop-loss order as the price moves in a favorable direction. The trader can set a trailing stop-loss at 3% below the highest price. Allows for profit locking as the price moves. May trigger on short-term fluctuations.
🔹 Time-Based Stop-Loss this strategy involves closing a position after a certain period, regardless of price. The trader can close the position if it has not become profitable within 24 hours. Easy to use.