#StopLossStrategies
A stop-loss strategy is used to automatically sell an asset when its price drops to a certain level, helping limit potential losses or protect gains. Here's a breakdown of how to use it effectively:
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1. Types of Stop-Loss Strategies
a. Fixed Stop-Loss
Set a specific price or percentage below your entry point (e.g., 10% below).
Example: Buy ETH at $3,000, set stop-loss at $2,700 (10%).
b. Trailing Stop-Loss
A dynamic stop that moves with the price. It "trails" the asset upward and locks in gains.
Example: Trailing stop set at 10% — if the price goes to $3,500, stop-loss trails up to $3,150.
c. Time-Based Stop-Loss
Exit the trade after a certain period if the asset hasn't moved favorably.
d. Volatility-Based Stop-Loss
Set wider stops for volatile assets and tighter stops for stable ones.
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2. How to Set a Good Stop-Loss
Based on Technical Levels: Support zones, moving averages, trendlines
Risk Tolerance: Don’t risk more than 1-2% of your total capital per trade
Asset Volatility: Adjust stop distance based on historical price swings
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3. Example Strategy
Let’s say you invest $1,000 in a crypto asset:
You decide on a 5% stop-loss.
If the asset drops to $950, the position closes automatically.
You preserve most of your capital and avoid emotional decision-making.
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4. Tools & Platforms
Most platforms like Binance, Coinbase Pro, and TradingView offer built-in stop-loss orders.
You can also combine them with take-profit levels for full trade automation.