**#StopLossStrategies | Protecting Profits, Minimizing Losses**
When it comes to trading, risk management is everything — and for me, **stop-loss strategies** are non-negotiable. I use a mix of:
- **Fixed Stop-Loss Orders** based on key support levels and position size
- **Percentage-Based Stops** (usually 2-3% of capital per trade) to keep risk consistent
- **Trailing Stop-Losses** to lock in profits as the market moves in my favor
**How I Set Them:**
I always identify major support/resistance zones on higher time frames before entering a trade. I calculate my stop-loss so that even if it hits, I lose no more than a small fraction of my portfolio (risk/reward ratio must be 1:2 or better).
**One Example That Paid Off:**
During the March 2024 BTC correction, my trailing stop was triggered at $66K after a run-up — the price dropped sharply afterward, but my gains were secured. That’s the power of a well-placed stop.
**Key Tip:**
Set it and respect it. Don’t move your stop-loss out of hope. A disciplined trader survives long-term.
*Share your own #StopLossStrategies and earn Binance Points!*
