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LHFX Academy

Where a stop goes

Put the stop beyond the price that would contradict the plan for the trade, and measure the distance in pips yourself.

4 lessons · about 28 minutes · 240 points

Start the first lesson

Every lesson in the course

  1. 01

    What a stop loss actually is

    Say what a stop loss is, where it rests, and what it does when price reaches it.

    7 min

  2. 02

    Where a stop belongs on a chart

    Put the stop beyond the price that would contradict the plan for this trade, and read a broken level as the new ceiling.

    7 min

  3. 03

    How far this market usually moves

    Know how far an ordinary 4 hour bar travels on this pair, and what a stop inside that distance does to a trade.

    7 min

  4. 04

    Measuring the stop distance

    Measure the distance from an entry to a stop in pips, from the two prices on the chart.

    7 min

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