🕒 How to Use Stop Loss Wisely Amid Market Volatility?
✅ 1️⃣ Determine the loss percentage you can tolerate (for example, 5%, 10%, 15%, depending on your strategy).
✅ 2️⃣ Place the stop loss below a strong support level (for example, if there is a support level at 0.00001, place your stop just below it).
✅ 3️⃣ Do not place it too close (so it doesn't get hit quickly in case of normal fluctuations).
✅ 4️⃣ Monitor news and technical indicators (if there is negative news or a strong downward trend, you may need to adjust the stop loss)
