Stop-loss strategies help limit potential losses in trading. A stop-loss order automatically sells a security when it reaches a predetermined price. Common strategies include:

Types of Stop-Loss

1. *Fixed Price Stop-Loss*: Sets a specific price for the stop-loss.

2. *Trailing Stop-Loss*: Adjusts the stop-loss price based on market movements.

3. *Percentage-Based Stop-Loss*: Sets a percentage-based stop-loss.

Benefits

1. *Limits Losses*: Helps prevent significant losses.

2. *Reduces Emotional Trading*: Automates the selling process.

3. *Protects Profits*: Locks in gains by selling when prices reach a certain level.

Effective stop-loss strategies can help traders manage risk and protect their investments.#StopLossStrategies