#StopLossStrategies Recommendations for Using Stop-Losses:

• Avoid overly tight stop-losses: Placing a stop-loss too close to the entry price can lead to premature position closure due to minor market fluctuations.

• Consider the volatility of the asset: For more volatile assets, it is advisable to set wider stop-losses to avoid accidental triggering.

• Regularly review and adjust stop-losses: Changes in market conditions may require adjustments to stop-loss levels for effective risk management.