#StopLossStartegies #StopLossStrategies #StopLossStrategies
Stop loss strategies are important tools used by traders to limit potential losses in trading. There are several types of stop loss strategies, including:
1. **Stop Loss Based on Alignment**:
- Traders use support and resistance levels, moving averages, previous highs and lows, Fibonacci retracements, trend lines, and channels to determine stop loss points.
- This method may be prone to short