Stop Loss Strategies — why are they needed? 🚫📉

In the world of trading 📊 it is important not only to be able to earn but also to be able to avoid losses. This is exactly why there is the Stop Loss tool — an order that automatically closes a trade when a specified level of loss is reached. 💡
Why is it important to use Stop Loss? ⛔
Loss Limitation 😬 The market may not go in the right direction. Without a stop, you could lose your entire deposit. A stop loss is your safety net. 🔒
Emotional control 🧠❤️Stop helps eliminate panic and spontaneous decisions. Everything according to plan — everything under control. 🎯
Discipline 📏A true trader adheres to a strategy. And the strategy always includes exit points from the trade — both profitable and losing. 🤖
Long-term survival 🛡️ Even a single unlimited loss can negate months of work. Stop preserves resources for future deals. 🔁
🔍 Popular Stop Loss strategies:
Fixed percentage (% of the deposit) — a safe and straightforward method. 💯
Regarding volatility (ATR) — a flexible approach that takes into account the current market behavior. 📈
A trailing stop moves with the price, locking in profits. 🏃‍♂️💰
✅ Summary: Stop Loss is not insurance against all risks, but without it, you leave yourself at the mercy of chance. And chance in the market is often ruthless. 💣 #Recent Portfolio Insights