#StopLossStrategies
Key Tips
• Always define your risk before entering a trade.
• Stick to your strategy—don’t move your stop on a whim.
• Combine stop-losses with proper position sizing to manage risk effectively.
1. Fixed Stop-Loss
This involves placing a stop-loss at a set price level or percentage.
Example: Buy a stock at $100 with a stop-loss at $95 to limit loss to $5 per share.
• Pros: Simple to implement.
• Cons: May trigger prematurely due to market volatility.
2. Trailing Stop-Loss
A trailing stop moves with the market price. If the price goes up, the stop adjusts upward; if it falls, it stays.
• Example: 5% trailing stop on a $100 stock means the stop is at $95, but if the stock rises to $110, the stop moves to $104.50.
• Pros: Locks in profits while limiting downside.
• Cons: May still get stopped out during short-term fluctuations.
3. Volatility-Based Stop-Loss
Uses market volatility to determine where to place the stop. The more volatile the asset, the wider the stop.
• Example: Use the Average True Range (ATR) to calculate how far the price typically moves and set your stop based on that.
• Pros: Adapts to market conditions.
• Cons: Requires technical analysis knowledge.
4. Time-Based Stop-Loss
Exit a trade after a specific period if it hasn’t moved as expected, regardless of price.
• Pros: Helps avoid being stuck in stagnant trades.
• Cons: Doesn’t account for sudden moves just after the time limit.
5. Mental Stop-Loss
You monitor the trade and decide manually when to exit.
• Pros: Flexibility.
• Cons: Emotion can cloud judgment, especially under pressure