#StopLossStrategies A **stop-loss** is a risk management tool used in trading to limit potential losses on a position. It automatically closes a trade when the price reaches a predetermined level, preventing further losses.
### **Types of Stop-Loss Orders:**
1. **Fixed Stop-Loss** – Set at a specific price level (e.g., 5% below the entry price).
2. **Trailing Stop-Loss** – Moves with the price to lock in profits while protecting against reversals.
3. **Volatility-Based Stop-Loss** – Adjusts based on market volatility (e.g., using ATR).
4. **Mental Stop-Loss** – Not placed in the system but followed manually (risky for emotional traders).
### **How to Set a Stop-Loss:**
- **Technical Levels:** Below support (for long) or above resistance (for short).
- **Percentage-Based:** E.g., 2-5% of the trade value.
- **Moving Averages:** Exiting when price crosses a key MA (e.g., 50EMA).
- **ATR (Average True Range):** 1.5x or 2x ATR from entry.
### **Example: