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Question#risk-management
P

Price Action Pro

Trader · · 397 views

Should I use a mental stop loss or an actual order?

Placing a stop loss sometimes gets me stopped out prematurely. Is it better to use a mental stop instead?
👍🔥📈7 reactions2 answers
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💡 2 Answers

MH

Market Hawk

Trader · 15 days ago

Always use actual stop loss orders. Mental stops are almost always moved when price approaches them — human nature. An actual order cannot be emotionally overridden.

👍 9
WA

Wolf Alpha

Trader · 15 days ago

The solution to premature stop outs is better stop placement (wider, beyond key levels) not removing stops. A trade without a hard stop is one catastrophic event away from an account-destroying loss.

👍 9

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