#StopLossStrategies
Stop-loss — your financial shield
#StopLossStrategies
One of the main principles of successful investing is the ability to not lose more than you can afford. And this is where stop-loss comes in — a tool that automatically closes a trade when a specified level of loss is reached.
Why is stop-loss needed?
— Protects capital from significant drawdowns
— Helps maintain discipline
— Removes emotions from trading
— Allows for peaceful sleep at night
Examples of strategies:
— Fixed percentage: closing a position at a loss of 2–5%
— Trailing stop: stop-loss moves along with the price increase
— Technical analysis: stop is set behind the support/resistance level
Professionals lose less not because they are always right, but because they know in advance when to stop.
Do you use stop-loss in your trades?
#Trading #FinancialLiteracy #Investing #RiskManagement