Kindly use stop loss.
Managing risk is an essential part of trading, and stop loss orders are a key tool for doing so. Stop losses work by automatically executing a sell order when the price of a security falls to a pre-set level. This helps traders limit their potential losses on a position by preventing excessive drawdowns. Using stop losses removes emotion from the equation during times of market volatility. They allow traders to stick to their trading plans and avoid impulsive decisions driven by fear or panic. Overall, stop loss orders help traders manage risk on individual trades and preserve their capital over the long run.
