#StopLossStrategies
A stop-loss strategy is your safety net in trading! đđ It helps limit your losses by automatically selling a stock when it drops to a certain price. This way, you protect your capital and avoid emotional decision-making.
For example, if you buy a stock at $100, you might set a stop-loss at $90. If the price falls, your position closes before you lose more. Smart, right? đĄ
Use stop-losses wiselyâdonât set them too tight or too far. Perfect for both beginners and pros looking to trade smart and safe. đ§ đŒđ #TradeSmart #RiskManagement