#StopLossStrategies #StopLossStrategies One of the most valuable lessons in trading is: always set a stop loss. In the past, I used to think that just holding would lead to profit, but I have seen my account drop by 50% more than once 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 does not make you weak; it is a tool that helps you survive in this harsh market for the long term.
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