#StopLossStrategies
**Stop Loss Strategies**
One of the most important risk management tools in trading is stop loss orders, and their goal is to limit losses and protect capital. Here are the most famous stop loss strategies:
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1. **Fixed Stop Loss:**
Setting a fixed amount or percentage at which to exit the trade.
2. **Trailing Stop:**
Moves with the trade if it is profitable, and closes when the trend reverses.
3. **Support and Resistance Based Stop:**
Placing the stop loss below the support level or above the resistance.
4. **Technical Indicator Based Stop:**
Such as using moving averages or the ATR indicator to determine where to place the stop.
5. **Time-Based Stop:**
Exiting the trade after a certain time whether you made a profit or a loss.
Reminder:
The stop loss is not a tool to avoid loss entirely, but a tool to protect you from significant losses!