#StopLossStrategies Common Stop Loss Strategies:

1. Percentage Stop Loss:

Setting a specific percentage (such as 2% or 5%) of the entry price, and when the price drops by that percentage, the stop loss is triggered.​

Example:

Entry Price: $100.

Stop Loss Percentage: 2%.

Stop Loss Price: $98.

2. Stop Loss Based on Support and Resistance:

Identifying technical support and resistance levels, and placing the stop loss below the support level (for buying) or above the resistance level (for selling).​

Example:

Entry Price: 1.2000.

Support Level: 1.1950.

Stop Loss Price: 1.1940.

3. Trailing Stop Loss

Automatically moving the stop loss as the price moves in your favor, to secure realized profits.​

Example:

Entry Price: $50

Trailing Stop Loss: $5

If the price rises to $55, the stop loss moves to $50.