#StopLossingStrategies
A stop-loss strategy is a critical risk management tool for traders, ensuring they limit their potential losses by automatically closing positions when the price of an asset moves against them beyond a set threshold. Traders set stop-loss orders to minimize the impact of market fluctuations, ensuring that losses don’t escalate beyond a certain point. There are various stop-loss strategies, such as a fixed percentage, trailing stop-loss, or volatility-based stop-loss. The fixed percentage strategy involves setting a predetermined percentage from the entry price, while a trailing stop-loss adjusts as the asset price moves in favor of the trader.$BTC
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