Stops are sacred
Risk & Psychology
The line you never move
A stop moved once will be moved again. That's how accounts die. Your stop was placed by the calm version of you; the panicked version doesn't get a vote.
Check yourself
Price approaches your stop. You should…
- Widen it 'one time'
- Let it execute, that's the plan working correct
- Double down
The stop firing IS the system succeeding: a small controlled loss instead of a story you tell for years.
Learn this properly
This term has a full interactive lesson in Wick — the chart, the pattern to tap, and a live practice terminal to try it on. Free to start.
Open the lesson