šŸ›‘ STOP LOSS PLACEMENT: WHERE SHOULD YOU PUT YOUR SL?

A Stop Loss is not just a number you choose randomly.

It should be placed at a level where your trade idea becomes invalid.

3 COMMON WAYS TO PLACE YOUR STOP LOSS

1ļøāƒ£ BELOW SUPPORT / SWING LOW 🟢
For a Buy trade, place the SL below a meaningful support or swing low.

2ļøāƒ£ ABOVE RESISTANCE / SWING HIGH šŸ”“
For a Sell trade, place the SL above a meaningful resistance or swing high.

3ļøāƒ£ BEYOND YOUR INVALIDATION LEVEL šŸŽÆ
Your SL should be beyond the level that proves your analysis is wrong.

āŒ COMMON MISTAKES

• Placing SL too close just to reduce the loss
• Moving SL farther after entering
• Trading without an SL
• Choosing lot size before calculating risk
• Moving SL because of emotions

šŸ† GOLDEN RULE

Don't place your Stop Loss where you WANT price to stop.

Place it where your TRADING IDEA IS PROVEN WRONG.

PLAN THE SL → CALCULATE THE RISK → THEN ENTER.

For educational purposes only. Not financial advice.

#StopLoss #RiskManagement #Crypto #TradingPsychology