#StopLossStrategies Implementing effective stop-loss strategies is crucial for managing risk and protecting your investments in trading. A stop-loss order automatically closes a position when the asset reaches a predetermined price, helping to limit potential losses. Here are some widely used stop-loss strategies:

1. Percentage-Based Stop Loss

This method involves setting a stop-loss at a fixed percentage below (for long positions) or above (for short positions) the entry price. For example, placing a stop-loss 2% below the purchase price of a stock. This approach is straightforward and aligns risk with a predetermined percentage of your investment.

2. Support/Resistance Stop Loss

Traders set stop-loss orders near key support or resistance levels identified through technical analysis. For long positions, a stop-loss might be placed just below a recognized support level, while for short positions, it could be set just above a resistance level. This strategy leverages market psychology, as breaching