Position Sizing and Risk·Lesson 11 of 25·14 min
Setting Stops That Match Your Thesis
This lesson is for enrolled learners
The concept A stop-loss should answer one question: "At what price am I proven wrong?" — not "how much am I comfortable losing?" These sound similar but produce very different stops. A thesis-based stop is placed where the price action itself would contradict the reason you entered the trade: below a support level your thesis depends on holding, beyond a……
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