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<oembed><version>1.0</version><provider_name>NewsBTC en espa&#xF1;ol</provider_name><provider_url>https://www.newsbtc.com/es</provider_url><author_name>zsolt</author_name><author_url>https://www.newsbtc.com/es/author/zsolt/</author_url><title>Setting a Stop Loss</title><type>rich</type><width>600</width><height>338</height><html>&lt;blockquote class="wp-embedded-content" data-secret="jWBn1SI4po"&gt;&lt;a href="https://www.newsbtc.com/es/topic/setting-a-stop-loss/"&gt;Setting a Stop Loss&lt;/a&gt;&lt;/blockquote&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://www.newsbtc.com/es/topic/setting-a-stop-loss/embed/#?secret=jWBn1SI4po" width="600" height="338" title="&#xAB;Setting a Stop Loss&#xBB; &#x2014; NewsBTC en espa&#xF1;ol" data-secret="jWBn1SI4po" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"&gt;&lt;/iframe&gt;&lt;script&gt;
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</html><description>Planning a level at which a stop loss will trigger is part of position planning; however, due to how critical this step is, it deserves its own callout. Stop-loss orders, as you have learned in previous lessons, is a common order type designed to trigger at a specific price point, in order to prevent extensive losses from occurring. Typically, stop losses are set at the time a position is opened, below the entry point of the position. Due to this, some loss will occur; however, it will prevent any unexpected crashes from wiping out capital further. Stop losses can also be used as part of a more in-depth strategy that not only prevents risk but maximizes profits. By moving stop losses up or down after a position is in profit, it can secure any profits generated up until that point. Stop-loss levels can be chosen depending on support or resistance, and how much a trader decides to risk.</description><thumbnail_url>https://www.newsbtc.com/wp-content/uploads/2020/08/Kepkivagas-37.jpg</thumbnail_url></oembed>
