#StopLossStrategies #StopLossStrategies #StopLossStrategies 🚫📉

1. What is a Stop-Loss?

A stop-loss order automatically triggers when the price hits a certain level, limiting your losses. It’s your safety net when the market goes against you. 📉

2. Why Use Stop-Loss?

It’s all about protecting your capital. Without it, you risk losing more than you intended. It helps remove emotional decision-making in a volatile market.

3. Types of Stop-Loss Orders:

• Fixed Stop-Loss: Set at a specific price level, often based on a percentage loss. Ideal for beginners.

• Trailing Stop-Loss: Moves with the price. As the price goes up, the stop-loss follows, locking in profits as you go. 🚀

• Volatility-Based Stop-Loss: Adjusts based on market fluctuations. Best for volatile markets like crypto.