#StopLossStrategies new community
Master Your Stop-Loss Strategy
A well-placed stop-loss is crucial for risk management. Set it below support levels for longs or above resistance for shorts, using a 1-3% risk tolerance per trade. Adjust for volatility—wider stops for high-volatility assets like crypto, tighter for stable markets. Trail stops to lock in profits as the price moves favorably. Avoid emotional decisions by sticking to your plan. Test strategies in a demo account first. Protect your capital, trade smart.
