#StopLossStrategies La **stop loss strategy** is a technique used to **limit losses** in trading, particularly on platforms like Binance.

### Here’s what it involves:

A **stop loss** is an **automatic order** that you place on an asset (like a cryptocurrency) to sell it **when it reaches a certain price**. The goal is to protect yourself if the market moves against you.

### **Simple example:**

- You buy Bitcoin at **$30,000**.

- You place a stop loss at **$28,500**.

- If the price drops to $28,500, Binance **automatically sells your BTC** to limit your loss.

### **Why use a stop loss?**

1. **Protect your capital**: You avoid losing more than you are willing to risk.

2. **Avoid emotions**: No need to stay glued to the screen or make a decision under stress.

3. **Clear strategy**: You define your acceptable loss levels right from the purchase.