🛑 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
1️⃣ BELOW SUPPORT / SWING LOW 🟢
For a Buy trade, place the SL below a meaningful support or swing low.
2️⃣ ABOVE RESISTANCE / SWING HIGH 🔴
For a Sell trade, place the SL above a meaningful resistance or swing high.
3️⃣ BEYOND YOUR INVALIDATION LEVEL 🎯
Your SL should be beyond the level that proves your analysis is wrong.
❌ 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
🏆 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
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
1️⃣ BELOW SUPPORT / SWING LOW 🟢
For a Buy trade, place the SL below a meaningful support or swing low.
2️⃣ ABOVE RESISTANCE / SWING HIGH 🔴
For a Sell trade, place the SL above a meaningful resistance or swing high.
3️⃣ BEYOND YOUR INVALIDATION LEVEL 🎯
Your SL should be beyond the level that proves your analysis is wrong.
❌ 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
🏆 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