🔐 What is a Stop Loss?🎯
A Stop Loss is your best friend in trading — it’s a risk management tool that automatically sells your asset when it drops to a certain price. 💡
📉 Example:
Bought TAO at $400?
Set stop loss at $370 → If price hits $370, it sells automatically and limits your losses.
✅ Why Use Stop Loss?
Protects your capital 💰
Removes emotions from trading 😵💫
Helps you stick to your plan 🎯
Essential in volatile markets 📊
🔔 Pro Tip:
Always plan your entry, target, and stop loss before entering any trade.
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