#StopLossStrategies
Are you using the stop-loss strategy wisely?
Many traders think that "Stop Loss" is just a tool to protect capital, but the truth is that it is one of the most important elements of risk management and long-term success.
Here are some effective #StopLossStrategies :
1. Fixed percentage: Stop loss at a loss of 2-3% of capital.
2. Support and resistance: Placing the stop loss below the nearest support level.
3. Moving averages: Exiting when the price breaks a major moving average.
4. Time-based: Exiting the trade after a specified period if it hasn't moved in the desired direction.
Success doesn't just mean making profits, but also knowing when to exit with the least possible losses.
Do you have a favorite strategy? Share your experience with us.