#StopLossStrategies

An effective stop loss strategy is essential for any serious trader. A stop loss not only protects capital, but also helps to maintain emotional discipline. Personally, I prefer to use a dynamic stop loss or trailing stop, which adjusts as the price moves in my favor. This allows me to maximize profits while still being protected against an unexpected market reversal. Not using a stop loss is like driving without brakes: it may work for a while, but the accident will come. Carefully assessing the entry and exit point with logic and without emotions is key to long-term survival.