#止损策略

Stop-loss strategies are the core tools for controlling risk in investing, and their essence lies in promptly cutting losses through preset rules. Common stop-loss methods include fixed percentage stop-loss (e.g., exiting when losses reach 5%-10%, suitable for beginners for quick execution), technical level stop-loss (e.g., exiting when breaking below moving averages, support levels, or neckline of head and shoulders patterns, which requires trend judgment), and time stop-loss (exiting if the holding period exceeds the preset number of days without meeting expectations, to avoid capital occupation). Additionally, volatility stop-loss (dynamically adjusted based on the ATR indicator) and emotional stop-loss (triggered by anxiety or over-leverage) are also practical means. Effective stop-loss requires a balance between discipline and flexibility: it is necessary to strictly execute stop-loss levels to prevent the psychology of luck from expanding losses, while also avoiding being 'washed out' during an upward trend. Mature investors often combine stop-loss with position management and take-profit strategies to form a complete risk control system, ultimately achieving the goal of 'cutting losses and letting profits run.'