Rethinking Risk: Beyond the Textbook Stop Loss

Sponsored by Pepperstone. Is your stop loss helping you—or hurting you? The textbook says “set it and forget it,” but real-world trading isn’t always that simple. In this episode, I explore alternative ways to manage risk: scaling out, discretionary cuts, wide circuit-breaker stops, and active intraday adjustments. If you’ve ever felt like tight stops kill good trades—or wide stops dig bigger holes—this discussion will help you rethink how you manage risk in dynamic markets.