One of the most crucial skills in trading is knowing how to limit your losses—and that’s where stop-loss strategies come in. A stop-loss isn't just a tool; it’s a mindset that protects your capital and keeps emotions in check. Whether you’re using a percentage-based stop, trailing stop, or support/resistance level, the key is consistency. Setting a stop-loss allows you to define risk before entering a trade, helping you avoid devastating losses. It also teaches discipline, forcing you to accept small losses rather than hoping they recover. Without a solid stop-loss strategy, even the best setups can go wrong.