#StopLossStrategies

#StopLossStrategies One of the most valuable lessons in trading is: always set a stop loss. Previously, I used to think that just holding would bring me back to profit, but I have seen my account drop by 50% multiple times 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 doesn't make you weak; rather, it is a tool that helps you survive in this harsh market for the long term.

I prefer a long-term strategy.