Stop Losses

Stop LossesLeçon 11 sur 124 min de lecture

Never a fixed distance

A stop is not a number you carry between trades. The chart sets the distance every time, and the lot size is what absorbs the difference.

This is the rule the whole module has been building toward.

The rule

A stop is never a fixed number of dollars or points, decided before you look at the chart.

Not ten dollars because ten dollars is your usual. Not 500 points because that is what the last trade used.

The chart sets the distance. You do not bring one with you.

Four distances, one market

Every stop in this module came from the same market in the same story.

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