What risk management settings do you actually use on your Binance bots?

Been constructing an algo trading platform (Cryptologics) and one factor that keeps arising in testing is how in a different way individuals arrange stops. Some swear by tight trailing stops, others use large loss stops with smaller position sizes, some skip stops completely on spot.

Curious what's working for individuals right here. What's your setup and why?

(Glad to share what I've constructed if anybody needs to attempt it, however primarily trying to study.)