#StopLossStrategies Protect Your Trades Like a Pro! 🔥**

### **1. Fixed Percentage Stop-Loss**

- **How**: Set SL at 5-10% below entry for low-risk tolerance, 15-20% for volatile assets (e.g., meme coins).

- **Best For**: New traders or stable assets like $BTC, $BNB.

### **2. Trailing Stop-Loss**

- **How**: Auto-adjusts SL as price rises (e.g., 10% below current price). Lock in profits during pumps.

- **Best For**: Trending markets (e.g., $PEPE rallies).

### **3. Volatility-Based SL**

- **How**: Use ATR (Average True Range) → SL = Entry ± (2x ATR). Adapts to market swings.

- **Best For**: High-volatility altcoins or news-driven moves.

### **4. Support/Resistance SL**

- **How**: Place SL 2-3% below key support (buyers’ zone) or above resistance (shorts).

- **Best For**: Technical traders using charts (e.g., $ETH breaking $3.5K).

### **⚠️ Common Mistakes**

- **Too Tight**: Stopped out by noise (e.g., 2% SL on a 50% volatility coin).

- **Ignoring Liquidity**: Avoid placing SL near round numbers ($70K for BTC) where whales hunt.

- **No Adjustments**: Update SL as trend evolves (e.g., move to breakeven after 5% profit).

### **🛠️ Tools**

- **Binance Futures**: Customize SL/TP in one click.

- **TradingView Alerts**: Notify you if SL nears.