#StopLossStrategies
1. Percentage-Based Stoploss
How it works: You set a stoploss at a fixed percentage of your trade size or account balance (e.g., 2%).
Example: If you’re trading $1000 and set a 2% stoploss, you’ll risk only $20 on that trade.
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2. Volatility-Based Stoploss
How it works: You base your stoploss on the market's current volatility using tools like the ATR (Average True Range) indicator.
Benefit: In volatile markets, the stop is wider; in stable markets, it’s tighter.
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3. Support/Resistance-Based Stoploss
How it works: You place your stoploss just below a support level or above a resistance level.
Example: If a stock has support at $150, you might set your stop at $148.
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4. Trailing Stoploss
How it works: Your stoploss moves along with the price as it goes in your favor, locking in profits.
Benefit: Limits losses but also protects profits as the price rises.
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5. Time-Based Stoploss
How it works: You close the trade after a certain amount of time if it hasn’t moved as expected.
Best for: Scalping and intraday traders who want to limit exposure.