Fixed Stop-Loss is the simplest and most widely used stop-loss method — but it is also the most abused.
Most traders don’t blow up because their stop-loss level was bad. They blow up because they don’t follow it.
They move it. They remove it. They wait for miracles. And miracles don’t happen in the market — margin calls do.
A well-placed fixed SL protects capital. Ignoring it destroys it.
Read more:
https://www.gte.firm.in/wp/fixed-stop-loss-strategy/