In this video, I explain what exactly a stop loss is. I also go over a few different stop loss orders that you can choose from when placing your trades. I also give an example of using a stop loss when viewing a stock chart. Lastly, I explain the difference between a mental stop loss and a hard stop loss. I also provide my recommendation and advice for each order type.
If you found this video helpful definitely consider our affordable memberships where I dive even deeper into this concept and how to create a solid trade plan, manage risk and more!
Check out our memberships here ➡️ https://tradewithresolve.com/memberships/
If you have any questions about course materials feel free to email us at firstname.lastname@example.org for a prompt response.