#StopLossStrategies

Stop-loss strategies are important tools for managing risk when trading. Here are some basic strategies you can use 🚧 :

1. Fixed Stop-Loss

This strategy is simple, where you set a specific point to stop-loss and stick to it. For example, if you bought a stock at $100, you can set a stop-loss at $90 to protect your capital. 💰

2. Trailing Stop-Loss

The stop-loss changes with market movements. If the price goes up, the stop-loss level also moves to limit losses if the price starts to decline. 📉