#StopLossStrategies ➡️ A stop loss is not your enemy; it is your personal guardian in trading.
I used to avoid using it, thinking I would "watch the market closely"... but what happened? Emotions always held me back.
Now, I adhere to three common stop loss strategies:
1. Fixed stop loss - to limit risk from the start.
2. Trailing stop loss - to lock in profits as the market moves.
3. Percentage-based stop loss - to maintain discipline and consistency.
Since I started using stop losses wisely, my self-confidence (and my investment portfolio) has increased.
Believe me, protecting your capital is more attractive than chasing profits.