One of the most important strategies in trading is the use of stop loss. This tool allows you to limit losses on a trade when the market moves against you. Currently, with the high volatility of the crypto market, using a dynamic stop loss (or trailing stop) is very effective, as it automatically adjusts as the price moves in your favor. It is also vital to analyze key levels of support and resistance before defining your stop. Many traders make the mistake of placing it too close and are taken out of the trade before it takes off. The ideal is to balance between protecting your capital and giving the price space. #StopLossStrategies