#StopLossStrategies Set stop-loss orders to limit potential losses:
Key Strategies
1. *Fixed percentage*: Set a fixed percentage below the purchase price.
2. *Trailing stop*: Adjust the stop-loss as the price moves in your favor.
3. *Moving average*: Use moving averages to determine stop-loss levels.
Benefits
1. Limit potential losses
2. Reduce emotional decision-making
3. Protect profits