#StopLossStrategies

- **Purpose:** **"Stop Loss"** orders are used to set an automatic exit from the trade at a specified price level, to prevent significant losses.

- **Common Types:**

- **Fixed Stop Loss:** Setting a fixed exit price (e.g., sell if the price drops by 5%).

- **Trailing Stop Loss:** Moves with the price and locks in profits while protecting against reversals.

- **Support/Resistance-based Stop Loss:** Placing the order at the break of important technical levels.

- **Key Tips:**

- Do not set it too close to avoid early closures due to normal fluctuations.

- Use it in all trades to manage risk.

*Reminder:* Stop Loss is a protective tool, but it does not guarantee execution at the specified price in fast market conditions!