#StopLossStrategies The key is picking a stop-loss percentage that allows a stock to fluctuate day-to-day, while also preventing as much downside risk as possible. Setting a 5% stop-loss order on a stock that has a history of fluctuating 10% or more in a week may not be the best strategy.

Applying the 3-5-7 Rule is simple. Start by checking your current trades: are you risking more than 3% on a single trade? If so, scale it down. Make sure your exposure to any one market stays within 5%, and keep your total risk under 7% to avoid overexposure