#StopLossStrategies percentage-based stop-losses and trailing stop-loss orders to manage risk effectively.
• Percentage-based stop-losses help me cap losses at a predetermined threshold—usually 2-3% of the trade value—keeping my risk in check.
• Trailing stop-losses are my go-to when a trade is going well. They allow me to ride the trend while automatically locking in profits as the price moves in my favor.
One notable win was during a volatile earnings week—I had a trailing stop on a position that rallied hard. The stop adjusted upward with the price, and when the stock reversed, it closed the trade at a solid profit instead of a loss.
Having a solid stop-loss strategy isn't just about minimizing losses—it's also about making smarter exits.