Here's 5 ways to set perfect stop loss for every trade

Your trading account will never go to $0 again.

Even with a small $500-$1000 trading account you need to protect it.

Here's 5 ways to set perfect stop loss for every trade 🧵

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I'm sharing 5 ways to set stop loss:

PICK one for trading that matches trading style, personality and daily $$$ targets.

• 1. structure stop

• 2. $$$ stop

• 3. % stop

• 4. No stop (use position size only)

• 5. risk vs reward stop

Save this STOP LOSS cheatsheet here and print it off. PICK 1-trading set-up only then trade it each day. If you jump around its very hard to be consistent. Discipline is better then dopamine hits.

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1. structure stop

Let's say you get in here for the reversal. Always set the stop loss under the PREVIOUS candle low + add room for the liquidity sweep.

So set the stop loss at $540.80 area so you dont get stopped out early on the move back up.

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2. % Stop Loss

For these stop losses to work you have to ALWAYS trade the same set-up without jumping around. Then for all your trades do not lose more then 8-15%.

Get in at $1.15 stop loss is at $0.99. So no matter what you get in your stop loss should be less then 15%

3. $$$ stop loss

Use rule like "stop loss is max $80 from entry" Once it hits then I am out. Be discipline.

The only way to know what $$$ amount to use is to know how you trade 1 SET-UP for at least 20x-30x. Most traders have not done this step.

4. risk vs reward stop loss

If you risk $50 per trade then at least make $100-$200 on that trade. You are risking 1 to make 4. FOCUS on entry every and once you get entry whatever your RISK is then make sure you make at least 2x-4x on that trade.

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5. No stop loss at all

Sometimes you will take a lotto so NO STOP LOSS is needed but go small. Its high risk and hig reward. Use your position size to control your risk.

This will ruin your statistics becasue you should focuse on 1-2 set-ups and take A+ sets-ups.

You need to pick a stop loss style that works for you. I like to use $$$ stop and structured stop on candlesticks.

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