Smart traders don’t just set stop losses—they strategize them.
Here are 3 key stop loss strategies to level up your risk management:
1. Percentage-Based: Risk only 1–2% of your account per trade.
2. Support/Resistance: Place SL just below support (long) or above resistance (short).
3. ATR Method: Use the Average True Range to give your trade room to breathe while still protecting your capital.
Remember: Taking a small loss is better than watching it become a disaster.
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