Using stop losses may be one of the most important factors when trading options. These allow you to limit your trading losses from going against you and give you ultimate control of your profits. In this video, we will discuss why you should be using stop losses in EVERY options trade, how to select your stop loss amount, and some examples in Robinhood and Webull. (0:00): Intro (0:40): Why you should use Stop Losses (3:44): Types of Options Stop Losses (5:50): Setting Stop Losses In Robinhood (6:30): Setting Stop Losses in Webull (7:00): Where Should You Set Your Stop Loss? (8:30): Can You Use Stop Losses On Options Spreads? ► Join Our BGS Trading Family Discord Group https://dsc.gg/blackgirlstocks Get 12 FREE Webull Stocks (WAYYY better charts than Robinhood 😊📈👍🏾): USA: https://www.webull.com/k/BlackGirlStocks UK: https://www.webull-uk.com/i/BlackGirlStocksUK ► Download Tiblio Now & Try Out Winning Options Trading Strategies Updated Every Hour. When you sign up using the link below, you will see the "FoxTail Discount" at checkout. The first month will be 20% Off 💥🔥 (Only available to our squad) then it will be the regular $34.95 the following month. ---- https://tiblio.com/?aff=BSNuWarucuVn5VqoT47Kk7 Click here to download Robinhood and claim your free stock: https://join.robinhood.com/shaylan12 1-On-1 Zoom Chat (Questions about your personal trading) Coaching Session: https://square.site/book/LGRFR0XDAE179/black-girl-stocks-tx If you have any suggestions for future videos such as Penny stocks, Swing trading, Options trades or fun vlogs, please let me know. Thank you for your support, the best way to contact me is via social media. --------------------- CONTACT ---------------------- Email (Business): foxtail@theblackgirlstocks.com Connect With Me on Social Media TikTok: http://www.tiktok.com/BGSFoxTail Instagram: http://www.instagram.com/BGSFoxTail Twitter: http://www.twitter.com/BGSFoxTail #stockmarket #blackgirlstocks #robinhood #foxtaildigital #readingstockcharts #beginnertrader #startTradingStocks #Stocks2020 #stockcrash risk management webull stop loss stop loss webull options stop loss webull options risk management