#StopLossStrategies #StopLossStrategies
Quick losses can happen in an instant. This is where the "stop-loss" comes into play as a fundamental tool to protect capital by setting a clear exit point from the trade when the price drops below a certain level, saving you from significant losses.
For example, if you bought a coin at $1.50, you might set a stop-loss at $1.30, so if the market reverses, you exit with a small loss instead of being swept away by the decline.
Does a stop-loss mean you are weak as an investor?
On the contrary, it is a professional action that proves you are protecting yourself before trying to gain.