ilmscore | Stop Loss Placement Predictions
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Stop Loss Placement

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Recent Predictions

Total: 8
Correct: 0
Incorrect: 0
Pending: 8
Unrated: 0
Prediction
Author
Predicted at
Status
Video
Stop losses for a double bottom pattern can be placed either below the lowest low of the pattern or below the overall trading zone, depending on trader aggression.
"for this i like stops to be either below the lowest low of the double bottom which is right in this ..."
The Trading Channel (The Trading Channel) The Trading Cha...
Aug 18, 2021
Pending
The Ultimate Technic...
The stop loss for a trade should be placed below the identified swing lows.
"the stop loss is below the swing lows"
The Trading Channel (The Trading Channel) The Trading Cha...
Feb 26, 2021
Pending
The Ultimate Swing T...
Placing the stop loss a few pips below the entry candle was a deliberate choice to achieve a favorable risk-to-reward ratio.
"In doing so I created a good opportunity to give myself a decent risk to reward ratio which is somet..."
The Trading Channel (The Trading Channel) The Trading Cha...
Apr 7, 2017
Pending
breakout trading str...
For trend continuation strategies involving pullbacks, placing the stop loss below the previous swing low is a recommended approach.
"For trend continuation strategies when the market's doing something like this and you can get involv..."
The Trading Channel (The Trading Channel) The Trading Cha...
Apr 7, 2017
Pending
breakout trading str...
A specific stop-loss placement on a USD Canada trade resulted in a risk-reward ratio of over 2:1.
"By setting my stop loss there I had an opportunity to gain a little over a 2:1 risk reward on this t..."
The Trading Channel (The Trading Channel) The Trading Cha...
Apr 7, 2017
Pending
breakout trading str...
Alternative stop-loss placement methods include using a set number of pips (10-20 for hourly, 30+ for 4-hour charts) below the swing low or entry candle, instead of ATR.
"You can go with the swing low or the entry candle and you can go a set number of Pips instead of usi..."
The Trading Channel (The Trading Channel) The Trading Cha...
Apr 7, 2017
Pending
breakout trading str...
The Average True Range (ATR) indicator can be used to determine stop-loss placement.
"You can do so by an average true range indicator just look up ATR in your trading platform and you s..."
The Trading Channel (The Trading Channel) The Trading Cha...
Apr 7, 2017
Pending
breakout trading str...
For a specific trade on Dollar Canada, the stop loss was placed a few pips below the entry candle, leading to partial profit taking and breakeven for the remaining position.
"For instance on this specific trade we'll just use this as an example and as you can see guys it's b..."
The Trading Channel (The Trading Channel) The Trading Cha...
Apr 7, 2017
Pending
breakout trading str...