Stop-Loss Strategies in Crypto Trading

Harshini Chakka

Set percentage-based stop losses to limit losses at a predetermined rate and manage crypto trading risks effectively.

Use support and resistance levels to place stop-loss orders just below critical market support zones for safety.

Trail your profits with a trailing stop loss that adjusts automatically, ensuring gains while minimizing potential losses.

Incorporate volatility-based stop-loss methods using ATR to adapt your strategy to market fluctuations and reduce risks.

Employ time-based stop losses to exit stagnant positions, maintaining discipline and efficiency in crypto trading strategies.

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