Stop-loss for beginners: how did you learn to set one properly?
A stop-loss is the price at which your trade idea is wrong and the position closes. Setting it well means placing it where that judgement is true, not where your feelings would like it to be.
Share:
- how you chose stops when you started
- the mistake you made most often (too tight, too far, moved it, none at all)
- how you choose stop placement now
The stop-loss placement guide explains the logic, and weekend gaps shows why a stop is not a guarantee.
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