#StopLossStrategies gies means "Stop Loss Strategies".
What does "Stop Loss" mean?
It is a tool or order used in trading (stocks, currencies, cryptocurrencies, futures...) to automatically reduce losses by setting a specific price level. If the asset reaches this level, it is sold automatically to avoid further losses.
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A simple example:
If you bought gold at $2000 per ounce and set a stop loss order at $1950, this means:
If the price drops to $1950, it will be sold automatically.
This way, you protect yourself from further price drops.
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Stop Loss Strategies include:
1. Fixed percentage: for example, stop loss at 5% of the purchase value.
2. Support and resistance: determining the stop below a known support level.
3. Trailing Stop: moves with the price upward to protect profits.
4. Volatility Stop: the stop changes based on market movement.
$BTC