P
PropTally
LEARN
Sign inGet started
🛡️Risk ManagementLesson 4 of 850% through course

Stop Loss Strategies

6 min read

Stop Loss Strategies

The Non-Negotiable Rule

Every trade must have a stop loss. No exceptions. A stop loss is an order that automatically closes your position if the price moves against you by a specified amount. It's your insurance policy against catastrophic losses.

Sign up to continue learning

Create a free account to access more courses.

Sign Up FreeAlready have an account? Log in

Put your knowledge into practice

Track your prop firm accounts, analyze your trades, and grow as a funded trader with PropTally.

Sign Up Free