#StopLossStrategies

Hashtag: #StopLossStrategies

Effective risk management is key to successful trading, and one of the best tools is using #StopLossStrategies. A stop-loss order automatically sells your asset when it hits a certain price, preventing bigger losses. For example, if you buy a coin at $100, setting a stop-loss at $90 limits your loss to 10%. This is especially important in crypto markets, which are highly volatile. Stop-loss strategies can be fixed or trailing, adjusting with market movements. Applying them correctly helps traders stick to their plans without getting emotional. It's a must-have for both beginners and professionals.