The stop is the trade
Your stop-loss is the price where you admit the idea was wrong and get out. It is not an afterthought — it defines your risk, your position size, and your reward-to-risk. Decide it BEFORE you enter, when your head is clear.
Your stop-loss is the price where you admit the idea was wrong and get out. It is not an afterthought — it defines your risk, your position size, and your reward-to-risk. Decide it BEFORE you enter, when your head is clear.