#StopLossStrategies #StopLossStrategies
How does Stop Loss work?
Let’s assume you buy 5 tokens at 5,000 USD each. The market can go up – but it can also crash. That’s why you set a Stop Loss at 4,000 USD. If the price drops to that level, the exchange will automatically sell your tokens – limiting losses and protecting your capital.
Thanks to Stop Loss:
- you know in advance how much you can potentially lose,
- you save time – you don’t have to sit in front of a chart,
- you avoid hasty decisions driven by emotions.
Why is it worth using Stop Loss?
- It teaches discipline and risk control.
- It helps make decisions without emotions.
- It protects capital in unpredictable market conditions.
- It is an absolute foundation of any serious investment strategy.
Where to set Stop Loss? 7 practical methods
Don’t set Stop Loss “by eye.” Here are some effective methods for setting it:
Trend lines – set SL just beyond the line, the breach of which may indicate a change in direction.
Pin Bar candles – a good time to set SL above/below the wick of the candle.
Inside Bar – set SL outside the parent candle if you want to play for trend continuation.
Moving averages (MA 50, MA 100) – place SL beyond the average line, treating it as dynamic support/resistance.
Consolidation zones – set SL outside the boundary of this zone.
Fibonacci levels – use them to determine “defense points.”
Bollinger Bands – SL can be just outside the upper/lower band.