#StopLossStrategies Here are some widely used stop-loss techniques:

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🔒 Common Stop-Loss Strategies

1. Percentage-Based Stop-Loss

2. Volatility-Based Stop-Loss

3. Trailing Stop-Loss

4. Chart-Based Stop-Loss

5. Multiple-Day High/Low

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🧠 Advanced Techniques

Fibonacci Retracement Levels:

Moving Averages:

Protective Options: Consider using options like puts to hedge positions, offering a predefined risk and potential for profit without the need for stop-loss orders.

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⚠️ Common Pitfalls to Avoid

Overly Tight Stops: Setting stops too close to the entry price can result in frequent stop-outs due to normal market noise.

Ignoring Volatility: Failing to account for an asset's volatility may lead to setting stop-loss levels that are too tight or too loose.