There are many types of stop loss
Let's talk about how to set a profit stop loss first?
When you make a profit, if you want to continue to expand your profits, then you can raise the break-even loss. Of course, if it is a volatile market, it is possible that the profit you have obtained will eventually break even. Generally, raising the break-even loss is a unilateral trending market, a big data market, and if it is not a big market, you can still exit at the resistance or support level!
How to set a loss stop loss?
If it is a trend order or a mid-term order, the stop loss can be larger accordingly, and you can also make up for the position, but if you break through an important critical point, you should set the stop loss 3-5 points above or below the important resistance support to avoid false breaks. If it is a short-term transaction, strictly stop the loss
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