Stop-Loss and Take-Profit – Essential Tools for Every Trader

Risk management is what separates pros from amateurs in crypto trading. Let’s talk about two essential tools: Stop-Loss and Take-Profit.

🛑 What is a Stop-Loss?

Automatically closes a trade if the price drops to a certain level.

Protects you from heavy losses.

Example: Buy BTC at $30,000 with a stop-loss at $28,500.

🚀 What is a Take-Profit?
Automatically sells your crypto when a target price is reached.

Locks in profits without watching the market constantly.

Example: Buy ETH at $1,800 and set a take-profit at $2,000.

Using both helps you trade smartly and sleep peacefully. Do you use them in your trades?

#CryptoTrading #RiskManagement #stoploss #TakeProfits #bitcoin