#TradingPsychology
Fixed Stop Loss
How it works: Set a predefined amount or percentage below the entry price.
Example: Buy a stock at $100, set a stop loss at $95 (5% loss limit).
Best for: Simple, clear strategies and beginners.
Fixed Stop Loss
How it works: Set a predefined amount or percentage below the entry price.
Example: Buy a stock at $100, set a stop loss at $95 (5% loss limit).
Best for: Simple, clear strategies and beginners.