Stop-losses are one of the most important tools that traders can use to manage their risk. A stop-loss is an order that is automatically triggered when the price of a security reaches a certain level. This can help to protect your profits and limit your losses.
There are many different ways to set stop-losses. Some traders use a fixed percentage, such as 10%. Others use a trailing stop-loss, which moves with the price of the security.
The best way to set stop-losses depends on your trading style and risk tolerance. However, it is important to use stop-losses on all of your trades. This will help you to stay in control of your risk and protect your profits.
Keywords:
stop-loss, risk management, trading, stock market, crypto, technical analysis, how to use stop-losses, how to protect your profits, how to limit your losses
I hope this helps!
