#StopLossStrategies

**Master Stop-Loss Strategies ๐Ÿ›‘**

- **What?** Automatically sell an asset at a set price to limit losses.

- **Why?** Protect gains, manage risk, and avoid emotional decisions.

**Types on Binance โš™๏ธ**

- *Stop-Limit:* Triggers a limit order at your target price.

- *Stop-Market:* Sells instantly at market price post-trigger.

- *Trailing Stop:* Adjusts SL as price moves in your favor.

**Pro Tips ๐Ÿ”ฅ**

- Set SL below key support levels (5-10% dip).

- Avoid overly tight SLs in volatile markets.

- Pair with take-profit orders for balanced exits.

*Fees apply. Prices can gap beyond SL levelsโ€”stay alert!*