Using Stop-Loss and Take-Profit orders can help traders stay rational in volatile markets. These tools are designed to prevent impulsive decision-making. A Stop-Loss order automatically closes a position when the price reaches a predefined level, limiting potential losses and protecting traders from emotional reactions in a downturn. A Take-Profit order locks in profits when the price hits a set target, preventing traders from holding out too long and risking potential losses. By automating these decisions, traders can stay disciplined and avoid knee-jerk reactions in unpredictable markets.#TradersBootcamp
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