#StopLossStrategies

A stop-loss is your safety net—set it to limit losses *before* entering a trade. Key tips:

1️⃣ **Fixed Price:** Place 5-10% below entry for volatile assets (e.g., crypto).

2️⃣ **Trailing %:** Auto-adjusts as price rises (lock gains, reduce risk).

3️⃣ Technical Levels:Align with support/resistance (avoid random numbers!).

4️⃣ Avoid Emotion:** Stick to your plan—FOMO kills portfolios.

⚠️ Never set stops too tight (avoid whipsaws) or too loose (defeats the purpose). Pair with take-profit targets for balanced risk-reward. Test strategies in sideways markets first!