How to Place Your Stop Loss Like a Pro
ฝัง
- เผยแพร่เมื่อ 29 มิ.ย. 2024
- In this powerful webinar, Navin goes into detail showing step by step on how to place your stop loss and why some traditional ways of placing stop loss can be extremely dangerous.
Notes from the video
Things to Avoid :
- Placing Static Stop Loss based on Number of Pips
- Placing Static Stop Loss around recent high / low of swings
- Placing Static Stop Loss above or below indicators like Moving Averages
Things to be better at :
- Be more mindful of the opposite party that is trading
- Get your timing accuracy improved
- Understand that far targets are less likely to be achieved
- Getting into a move early is ideal
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//DISCLAIMER
This video expresses our personal opinions only. Trading financial markets involves risk, and is not suitable for all investors. We are not responsible for any losses incurred due to your trading or anything else. We do not recommend any specific trade or action, and any trades you decide to take are your own. - แนวปฏิบัติและการใช้ชีวิต
This man is a born-teacher with his simplicity presentations and sense if logic. 👍👍👍❤️❤️❤️
Thank you very much for the kind feedback:). I hope that you liked the webinar
Best teacher ever, on TH-cam. You are Changing lives 😊
🙏
You are a rare breed of forex teacher that explains everything market. I Salute U.
That's very kind of you! 😍
wow, this is beautifully explained, starting to understand a lot, almost cired at the end
Glad you enjoyed it :)
As always it was full of aha moments. thank you Narvin. Cant wait for the premieres
Glad to hear you can lots of AHA moments!
My mentor never teach me the concept like this sir. Thankyou veru much.🙏🏽❤️ Love from Indonesia.
You are very welcome:). If you have any further questions, please feel free to reach out to us at info@urbanforex.com.
You have shown the reality of psychology for best entries and stop loss hatsoff. Leaving all the indicators.
That's absolutely right, using empathy in your trading will deinitely be a much better option than solely relying on indicators :)
Phenomenal!! This is not just a " Hmmm...Ah Ha" moment for me but a Mighty "Bam!!!"
Delighted to hear that! Use it to keep driving you forward towards your trading goals! 💪
The best teacher ever❤️
A real Goat🐐
Thank you for the kind words!
Magnifique!!!!!!! thanks you! i now this concept but your work is easy to understand and remember again!!
Glad you enjoyed it :)
You are amazing!!! Thank you for what you teach and do...
Thank you for wonderful Info. Appreciated
Glad you enjoyed it!
Brilliant as always. Thanks UF...
You are more then welcome:)
You are one of the very best teachers I had come across in my life. You are very good at teaching ! You are very systematic in your style and approach to the topic.
Thank you so much for the kind words!
@@urbanforex navin sir is a smart trader i ever seen knowledge base education
Awesome 🔥👍
when I think i know a lot Narvin keeps hitting me with bombs of surprises.
We never stop learning!
Excellent mentor!!!!
I am glad to hear that you liked it:)
Im respecting all your valuable knowledge. It's for batter then I imagined
Walla! This is pure pure gold knowledge to me.. Thank you Navin.. Thank you Urban Forex ..Love You..
No problem at all, and thank you for the kind words. If you would like more information on the courses that we offer, please email us at info@urbanforex.com. Thanks:)
bundle of thanks sir...
No problem:)
I will respect an Education!!
thanks sir..... very logic and so straightforward
Glad you enjoyed this Toe!
thank you navin.....
You are welcome :)
Great information as usual. Thank you
Your support means a lot! ❤ Happy to provide valuable info
Hi Navin thanks for sharing your wisdom in to how to be good @ the Markets,
Greeting from Bogotá Colombia...
No problem at all! I hope that you liked the video:)
THANK YOU FOR YOUR FREE GOLDEN TEACHINGS😭😭😭😭😭
You're Welcome! 😊 Hope you gained some new knowledge from it.
Great learning...
Glad you enjoyed it!
Nice class. I am glad to be in this webinar
Glad you enjoyed it :
Hi Navin , Happy to see this video after a long time and spend one hour of good learning .. Thanks much and looking forward more educational videos .
You are more then welcome:)
Hi Venkatesan are you from India
@Urban Forex, Navin and his backroom staff always put up a surprising subject matter in each webinar, that comes in packages will do not expect them. Thanks, guys. Keep it up!
No problem. I hope that you enjoyed the webinar:)
Legend! Navin the Dr of Psychology
Thank you for the kind words :)
Wow....really needed this, thanks!
Your free content really helps concrete the learnings in the course, hope to improve my trading under your guidance.
Glad to hear that it's helping. If you want to take it up a notch, you can always enrol into the Mastering Price Action 2.0 Progam :)
@@urbanforex how much money ? is it downloadable,how large is it in GB
Am already in iconic trader program
I love your wallpaper Navin Haha Perfect!
LOL!! Yes it is very unique:)
thank you very much for giving us your time I learn a lot thanks keep the good work
🙌
I am a stock trader not a forex trader but I find your webinars there is always something new to learn. Thank you.
No problem at all. And just so you know, the concepts from all of our courses can be used on other markets not just forex. For more information on this, please contact us at info@urbanforex.com.
safe to say this was the forex video I didn't know I needed. thank you!
You're welcome! Glad to hear you are liking it. Have a look around on the channel, there is a lot more :)
Thank you sir
No problem:)
Awesome learning bro
Glad you enjoyed it :)
Bro thanks, right timing to get a best entry, to get a good stoploss. I learnt something.
That is great to hear💪
ANOTHER........-------******* AWESOME LESSON ********--------....... THANKS FOR THE INFO :)
No problem at all!! Glad to hear that you liked it:)
Great webinar with outstanding information. Lots of "aha" moments with brand new information, which would definitely help me to correct my current stop loss issues. Now, it's time to implementation of this knowledge.
Much appreciated 🙏❤️
Glad you enjoyed them!
💯💯💯❤
Your webinars changed my perception on the market. Thanks Naveen.
Thank you so much for the kind words!
Correct timing is the key of putting the stop loss in right place. If timing is not correct, then stop loss will also fail. Thank you so much for this great lesson, mind blowing 👆
No problem at all! Yes, timing is important indeed. I am happy to hear that you enjoyed and learned something from the webinar:)
Thanks sir very good knowledge share with us
No problem at all:)
I love this. Experts are always the best in forex and stock markets.
Thank you so much for the kind words!
Incredible...MANY MANY a ha moments
Great to hear
I learned alot
💪
This is the world's best Forex Mentor and course
Thank you for the kind words :)
Thanks guru
You are welcome :)
Superb
glad to hear you liked it Macster!
This information is so simple, yet so profound. I've been so confused why FX has sooo many more fakeouts than stocks, and it's so much harder for me to trade, based on my jaded stocks experience.
I am glad to hear this has been a useful video for you:). If you would like any information on our courses, please email us at info@urbanforex.com.
Thanks Navin 👏it's full of Ah ha moment. UF the real deal.
No problem! I am happy to hear that you liked the video and that you had many AH HA moments:)
Thank you Navin for your wonderful teaching strategy,
If all teachers will teach in school like you do, no one will ever wast his money on his child's school fees,
Thank you so much for the kind words :)
YOU NAILED IT @20:20
Thanks :)
Dear Guru Navin, your guidance has provided me true vision in stock market. I am reaping my profits. This video thought me Stop loss is an area having good risk reward ratio and it comes with patience. Thank you very much
No problem at all:) Yes, patience is key and making sure each stoploss you use gives you a good risk to reward is also important. Keep up the good work:)
yes
I like the “in yo face” approach, give it to us straight with no chaser 😎
Glad you enjoyed this style Alesha!
Aha moments every few minutes. Extremely rare information being shared here. Thanks a lot!
No problem at all. I am glad that you liked it:)
Brown Man! Mr Raju awaits you in the alley! Thanks for the great webinar! :)
Glad you enjoyed it!
I have learn most valuable lesson is there are all kind of people involve in market ❤️ and we need skill or understanding to deal with them
Glad you enjoyed it!
Proud to be mentor like you.
India is great.
Indian r superb
Thank you Guruji 😊😊😊
Thank you so much for the kind words!
badal are you trading regularly...in stocks
I learned
That's great to hear!
I am speechless. This guy know what he is doing.
Thanks for your kind words Aaron! Glad to what Navin says is making sense to you :)
you are amazing.. thankyou love from kerala
India.
Thank you for the kind words:)
Who would have thought “empathy” would open the world of trading? Biggest aha moment of my trading life! When stop hunters are hunting your trades, empathy is what saves your trade 🙏🙏🙏
No true-er words have been said. Keep up the good work!
Waiting for...
It willl be a great webinar with lots of fantastic information. I hope that you are excited:)
Again feeling Ahh Ahha Moment.... Timing--> Empathy. Same thing correlated in daily life whenever anyone feel bad and you want to made him happy than if you simply laughed in front of him ( to feel him happy), it will not work and may be he can slap on you or may be your laugh can not work ( i.e. You stopped out ). But by analyzing whole context of sadness by listening him empathetically, you can judge how strong he is sad and by spending some time with him ( by calm down him first and motivate him by any way), you can now turn his sadness to the way of your happiness and now happy moment can be fly more and more ( Target hit) ...Thanks Sir.... by listening your videos, I am clearing my unknown confusions of human behavior. Thank u so much
You're welcome Praveen, glad to hear you are liking the material :)
In the world of "UNLIMITED GREED FOR MONEY", It's so clear that at last "EMPATHY" is the Key to Consistency. One of the biggest Aha moment of my trading life... Thank You, Mr. Naveen
Glad to hear about your aha-moment Karthi :)
My mentor ❤️❤️❤️
😉
Navin my friend, I'd really like to speak with you, I saw all your MPA courses and Iconic Trader for free, and your method make me create my own setup based in yours and my knowledge so far, I'll be glad if you contact me on my Instagram page or any other way, I wanna to pay for the courses now that I can afford for it.. I don't accept no as answer 😁
Best reach out to info@urbanforex.com and we'll help you from there :)
its all about where you step in..!
👍👍👍
thank you for another great seminar, sir. Now I understand the timing and empathy but not where to put my stop loss :( is the time frame like a minute to catch the timing because if I'm looking at in an hr time frame that will be too long.
No you can apply these concepts to any time frame, it does not have to be the 1 minute, you can also use this knowledge on the higher time frames like the 1hr, no problem:)
Hi Naveen
I am amazed the way you explain each situation price by piece , layer by layer.
How can someone get such a deep understanding ? I have seen everyone talking everything other than what you are explaining.
It's like talking to the chart .....seems it is not technical but more understanding buyer and sellers moves.. How we can learn this ?
Wonderful.... 🙏🙏🙏
That is great that you feel this way
Here is the link to check out our courses: www.urbanforex.com/courses
Also, if you have any further questions, please feel free to email us at info@urbanforex.com.
I miss this live .
Greetings from Ghana.
For me I think I enter trade too early so my SL is normally hit before it goes my way.
Greetings, Agbe!! Yes, that can often be an issue for a lot of traders when they are starting out. Navin goes over proper stop loss placement in more detail in his courses, please email us at info@urbanforex.com for more details.
Great video. The stop loss is my biggest problem. I think there is a lot to unpack in this video.
I can get the basic direction correct often enough but it kept turning into a 1:1 risk to reward ratio because if I didn’t do so then I’d often get spiked out.
The “timing” as you describe at the 53:22 is the other part that I’m weak on. Anyway at least I have bit better clarity on what to work on which is cool.
Glad to hear that you are working on improvements and I'm sure you'll be able to work things out. If you need more help with it, I think the Mastering Price Action 2.0 Progam would be very suitable for you :)
@@urbanforex Many thanks and yes there is always a lot to learn.
use Rencos charts the best thing you can do is it
good lesson,my friend recommended me to you
Glad you enjoyed it!
OMFG saying Forex traders want drama like a Korean TV series in order to make money had me rolling 😂😂😂
Great analogy.
I am glad to hear that you liked it:)
Timing=Empathy Genius at Work
Hi Navin, I have read a lot that trading forex in December is not a good idea as the markets are slower than usual. Is it okay to trade in December? Please share your thoughts on this.
I wouldn't say trading in December is a bad idea. You can still get some quality trades in. However, it can be a bit slower than usual, especially towards the end of the month. So, I will usually trade as normal for the first part of the Month, then taper off closer to the end:)
I love and follow you....I want to learn forex from you personally....I need a mentor.
That is great to hear and I you have come to the right place:). For all the information on our courses please email us at info@urbanforex.com.
It been two years with UF.. and now i feel very lucky.. and i only trade cheese, with more then 70% winning Rate, and that is also in STOCK market.. not in forex..
Wow that is great to hear Vidyut!! Keep up the good work:)
im wondering what is your usual pips before you take profit?
Nivin you said timing is equal to empathy
That means inorder to get a good entry we should enter when our opposite party is dominating ( I still couldn't get this stop loss thing man ,this the only webinar I didn't understand ,may I am a little slow not up to that mark I hope but I would definitely get it man by rewatching it
I'm not sure if dominating is totally correct, because if the opposite party is too strong that is not good. However, you must enter in a good enough location to get a good risk/reward on each trade. I hope that makes sense. Navin goes over this in more detail in his courses. Fore more information on those, please email us at info@urbanforex.com.
@@urbanforex to be precise both bulls and bears take turns we wanna enter when our opposite party comes
That's correct :)
Sir can we apply this formula into the indian markets? please do some videos on Indian markets as well, because you teaches very very well.
Yes, you are able to apply the same concept to the Stock Markets :)
Hmmmm i ve been following navins ideas for a large period of time. Sometime he teches naver to sell untill you see a good counter up trend but then he suggest of small counter trends which most of the time doesnt give good depiction of counter uptrends.Then the logic get counter. If you could explain, i highly appriciate it.
I'm not too sure what you mean, could you rephrase what you mean here?
Who is who there? I only know Ian from latest webinar. Btw, loved the background in Central Perk! 🥰 #friendslovers
Lucas is the one who is in Central Perk, Armand is the one in black. Glad you noticed the Friends reference :)
Stop loss is a function of point of entry (open the trade). SL is part of the package, the trade set up. Wonder how can there be one SL for different trade set ups. Written before watching the video. Commenting on the title.
I am not exactly sure what you mean here, could you elaborate?
Hello Navin,
I am interested in your course MPA 2.0, as beginner in forex what forex 101's should I have down before even attempting to purchasing this course?
Glad to hear that you are interested in the Mastering Price Action 2.0 Progam. There's no prerequisite pe-se to pick up the Mastering Price Action 2.0 Progam. If you are able to understand these webinars, you'd be able to tag along fine with the Mastering Price Action 2.0 Progam.
Do drop us an email at info@urbanforex.com and we will help you get started :)
Does this strategies taught in this video also work in stocks trading ??
Yes, it does. All of Navin's method can be applied to other markets :)
Navin, what about instead of putting a stop loss, you put in a buy or sell order? That way you turn their spike to take out stop losses to your advantage. Then you can put a better stop loss behind a stronger resistance line?
( True you'll miss more trades, but you'd lose less money from hunters)
That would be risky to do as you will not know exactly how far the spike would go or if it is a spike/probe at all. Better to just stick with original analysis and put your stop at an appropriate place where price shouldn't go if your analysis is correct.
💯💯💯❤
🤗🤗🤗
Youll never bored when listening
Thank you for the kind words :)
To make money, what do you need? I suggest, Internet , a broker , a mobile phone and the most important part of the puzzle a mentor like Navin, so listen.
Most will question the mobile phone, well best a computer but when I started trading couldn't afford it with covid on top, but Im Portuguese background and we usually say if we dont have a dog to hunt we use a cat the point is to hunt. And Im hunting Navin , hunting hard just double my account. Thank you
Congratulations on doubling your account! Your resourcefulness and determination are inspiring. Keep up the great work and happy hunting!💪
Thank you for this awsome stuff Navin, what about a webinar on Stop Loss ? (joking obviously)
Yes, we will have to consider that, LOL!! Glad that you liked the video:)
@@urbanforex Liked the video! you joking! I watched it at least 4 times... Can't thank u enough
That's great to hear! Glad you enjoyed it :)
@44min when he talks about channel, what TF is this done on? and does it depend on the amount of data?
This can be done on any timeframe that you choose to use. There is no specific time frame that this only applies to.
In regards to the second question, I am not 100% sure what you mean here. However, yes, usually the amount of data does have an impact.
Waiting with curiousity.🕵️
Awesome!
You have to watch, it was worth it. Truly one of the greatest webinar ever by Navin. It opened my eyes to another dimension of trading
Yes, it was a fantastic webinar, with a lot of great information! Thank you for that feedback:)
Are these rules applicable in day trading stocks as well?
Yes, these concept are applicable in all types of markets :)
This was announced as an October 21 6 AM EST event.
Yes, it was live on October 21 at 6AM EST. But it will premiere on TH-cam in approximately 13hrs from now:)
I don't know
When can we expect new recorded webinar on TH-cam ?...
I'm not sure when, but we'll release more material soon :)
Can anyone summarize how to place a stop loss? Because to be honest I watched till the end and I still couldnt understand how!
It can be managed if you know how to time your trades.
Try watching a few more times...put the time in
Stoploss placement will always come down to how you read the price action on the chart and where price should not go again, if you trade is still valid. Navin goes over this concept in his courses. For more information on them, please email the team at info@urbanforex.com.
@@amitabhabanerjee11 How do you time your trades? If you got any content or video to share that would be great!
@@Amadeus8094 I do not have any content to share at this point of time. I will try to explain it in brief but it would probably not make sense without the background as to what is happening in the market. The brass tacks would be as follows: Once the "smart money" makes their decision to move the market - they allow some leeway to the remaining market forces to move in the opposite direction. This allows them to get a better prices, but it does not go past the best price which has already been booked (and locked) by them. This can be read off the chart - with reasonable probability. Timing the market is all about getting this trade. It also allows better R/R. This description may sound unintelligible, since the work that goes into identifying the "smart money " move first needs to to be established, for which there are a series of activities which needs to be identified in the market. I am not trying to be opaque, but it will take up a lot of effort to explain the whole process and the number of permutations & combinations that can happen in.