You can read more on stop-losses and trailing stop-losses in TradeSanta’s other pieces, but in its essence, this feature helps you get out of a losing trade when the coin reaches a certain level.

Say, you can risk maximum $50 on one Ethereum (ETH) that costs $189 at the time of press. That means you should set your stop-loss at $139. Once the coin drops this low, the order will be automatically closed, minimizing your losses.