#StopLossStrategies 🛡️
Using a stop-loss is a key risk management tool for every trader. It helps limit losses by automatically closing a trade when the price hits a predetermined level.
✅ Types of Stop-Loss Strategies:
Fixed Stop-Loss: Set at a specific price point.
Trailing Stop: Moves with the market to lock in profits while managing risk.
Percentage-Based Stop: Limits loss to a certain % of your capital per trade.
Stop-losses help take emotion out of trading and protect your account from big losses.