#StopLossStrategies One of the most valuable lessons when trading is: always set a stop loss. In the past, I thought just holding would bring me back to profit, but there were many times I saw my account down 50% just because I didn't cut losses in time. Currently, I apply a stop loss strategy based on a percentage – usually 5-10% depending on my confidence in that trade. Additionally, I also use a trailing stop to optimize profits when the price moves in the right direction. Setting a stop loss does not make you weak; it is a tool that helps you survive in this harsh market for a long time.

#StopLossStrategies