#StopLossStrategies The stop loss is a fundamental risk management tool that allows you to limit losses on a trade. It involves setting a specific price at which a position will be automatically closed if the market moves against you. For example, if you buy Bitcoin at $80,000 and place a stop loss at $76,000, your trade will close when it reaches that level to avoid further losses.

Using a stop loss helps protect your capital, maintain discipline, and reduce emotional impact in trading. It is especially useful in volatile markets like crypto, where sharp movements are frequent.