Blog

STOPS: Mental Stops vs Hard Stops In Trading

A mental stop is a price level at which you have predetermined to sell that stock should the trade go against you. You only have this stop in your head or written down but have not entered an actual stop loss order with your broker.

A hard stop loss typically refers to a stop loss order placed with your broker that is sitting in the brokers queues waiting for the order parameters to occur to trigger the order to sell.

Which Is Better?

Walang duda na hard stops ang better dahil pre-determined na siya at less na yung involvement mo as a trader.

Kapag pumunta ang price sa stoploss level na naset mo ay eexit ang position mo automatically.

Mental stops are often influenced by emotions.

Ito kadalasan yung eexit ka na sana kaso for some reason ay naghope ka kaya di ka nakaexit.

If magreverse ang price then magpapasalamat ka na di ka umexit but more often than not ay ipinapahamak ka ng hope.

Bakit sa tingin mo umaabot ng 80 or 90 percent yung loss ng ibang traders?

Technical Analysis Summit

Basic TA at advanced lang ang alam ng karamihan.

When you reach that LEVEL 3 TA ay iba na.

Most don’t get to see that level kasi paikot-ikot lang sila sa kung ano ang alam nila na TA.

Some thinks TA is stupid but Technical Analysis Summit will open a lot of your eyes on how beautiful TA is kapag alam mo ang ginagawa mo at nadagdagan ang knowledge mo.

Technical Analysis Level 3 will surely blow your mind.

Avail it here: https://bit.ly/3IawKSx

Traders will elevate their skill and their craft with this new course.

It would be a sin not to learn this.

Ang tanong na lang ay kung kasama ka ba sa mga maglelevel up or maiiwan ka pa din sa mga old TA knowledge?

DO NOT MISS OUT!