#StopLossStrategies
A stop loss is an order you place with your broker to sell a stock when it reaches a certain price. It's designed to limit your potential loss on a trade. For example, if you buy a stock at $28and set a stop-loss order at $26, your stock will be sold if the price drops to $26.Never place a stop loss based on fear. Use technical analysis or volatility indicators to place stops logically — not emotionally.