๐ How to Set a Stop-Loss Like a Pro
A stop-loss isnโt just about cutting losses โ itโs about protecting your capital and trading with discipline. Here are 3 professional tips:
1๏ธโฃ Place it where your trade idea is invalidated
Donโt just pick a random % drop. Ask: โAt what price does my setup stop making sense?โ
2๏ธโฃ Avoid obvious stop levels
If everyone places stops at round numbers (e.g. $50,000 for BTC), whales love to hunt them. Put yours slightly beyond.
3๏ธโฃ Risk only what you can afford
Use position sizing. A 2% account risk is safer than chasing big wins with oversized trades.
๐ Pro traders survive because they manage risk first and chase profits second.
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๐ฅ Whatโs your favorite stop-loss strategy? Drop it in the comments ๐
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