#StopLossStrategies Nice—#StopLossStrategies is a crucial topic, especially in volatile markets like crypto or when managing a diversified portfolio. Here's a quick breakdown of common stop loss strategies:
1. Percentage Stop Loss
Set a stop at a fixed percentage below your entry (e.g., 5–10%).
Simple and popular, but doesn’t consider market volatility.
2. Volatility-Based Stop Loss
Uses indicators like ATR (Average True Range) to set wider stops in volatile markets, tighter in calm markets.
Adapts better to price action.
3. Support/Resistance Stop Loss
Place your stop just below a key support level (for long trades) or above resistance (for shorts).
Based on technical analysis.
4. Trailing Stop Loss
Moves up with the price when in profit but locks in gains when the price reverses.
Great for riding trends while protecting profits.
5. Time-Based Stop
Exit the trade after a certain time if it hasn’t moved as expected.
Good for short-term or swing traders.
Want me to show some examples or help you build a custom stop loss rule for your portfolio or a specific trade (like BTC)?