#StopLossStrategies are key to protecting your capital in any market. Here’s a step-by-step guide to using them wisely:

1️⃣ *Set a Risk Limit*: Decide how much you’re willing to lose on a trade (e.g. 2-5% of your capital).

2️⃣ *Choose a Stop-Loss Type*: Use a fixed price stop-loss, trailing stop-loss, or percentage-based stop.

3️⃣ *Place It Wisely*: Set your stop below key support (for long) or above resistance (for short).

4️⃣ *Stick to the Plan*: Never move your stop out of fear. Trust your setup.

5️⃣ *Review & Adjust*: As price moves in your favor, trail your stop to lock profits.

Trade smart, protect your capital! 📉🛡️📊