Trading
Stop Loss
An order that automatically sells your crypto when it drops to a certain price, limiting your losses. Stop losses are essential risk management tools that protect you from catastrophic declines. Setting a stop loss means you do not have to watch the market 24/7.
Example
He set a stop loss at $90,000 to limit his downside if Bitcoin's rally reversed.
Practice trading on Staxo
Apply what you have learned. Trade with virtual money on the Staxo crypto simulator, completely risk free.
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