#StopLossStrategies
One button can save your nerves and capital.
We're talking about stop-loss — a tool that distinguishes a trader from a casino player.
#StopLossStrategies
A stop-loss is a predetermined level at which a trade is automatically closed if the price goes against you. Sounds simple? How many times have you "waited for a pullback," only to end up with a loss on your balance?
Smart stop-loss strategies aren't cowardice, they're discipline.
You can set a fixed percentage from the entry, use technical analysis (support/resistance levels), or even a trailing stop — to catch the rise without losing control.
The main thing is not to set a stop "by eye." Plan. Analyze. Follow the strategy.
The market does not forgive emotions.
If you want to survive and earn — use a stop-loss. Don't hope that it will "recover," but know how much you are willing to lose.