#StopLossStrategies Crypto Stop-Loss Strategy (Quick Overview)
1. Set a Risk Tolerance
Decide how much loss you're willing to take (e.g., 2–5% of your capital per trade).
2. Use Technical Levels
Place stop-loss below support levels or just under moving averages (for long positions).
For short positions, set it above resistance levels.
3. Percentage-Based Stop-Loss
Example: If you buy BTC at $30,000 and want a 5% stop-loss, set it at $28,500.
4. Trailing Stop-Loss
Automatically moves with the price, locking in profits as the price rises.
Example: A 5% trailing stop on BTC bought at $30,000 triggers if price drops 5% from the highest point it reaches.
5. Avoid Tight Stops in Volatile Markets
Crypto is highly volatile, so avoid setting stops too close to entry.
6. Stick to the Plan
Don’t move stop-loss emotionally. Discipline is key.