#StopLossStrategies : Your guide to not losing everything in 2025 🚨
Hello, traders! Have you ever been left speechless watching your investment plummet? 🤯 These strategies will save you!
How to choose the perfect STOP LOSS?
1️⃣ Choose your "weapon":
🔸Fixed Stop: Set a limit price (e.g., buy at 10.0 and sell if it drops to 9.50). Ideal for calm markets
🔸Trailing Stop: Follows the price as it rises, avoiding losses if there's a correction
2️⃣ Use key levels:
🔸Support/Resistance: Place the stop below a critical support level to minimize risks
🔸ATR (Volatility): Base your stop on daily volatility (e.g., 2x ATR for chaotic markets)
3️⃣ Binance: Here’s how to do it!
Go to "Stop Loss/Take Profit", choose "Stop-Limit", and adjust the price according to your risk
⚠️Mistakes to avoid:
Not being flexible: If a market rises quickly, don’t stick with an old stop!
Ignoring position size: Use stop-loss alongside small positions to avoid ruining your account