What is stop loss discipline?
Honouring the exit you set at entry, without widening it once the price argues with you.
Honouring the exit you set at entry, without widening it once the price argues with you.
Stop loss discipline, explained
A stop is only a stop while it stays where you put it. Widening one mid-trade turns a planned, affordable loss into an open-ended one, and it is almost always done to avoid admitting the entry was wrong.
A worked example
Long 50 shares at $50 with a stop at $46 — a $200 loss if it hits. Price touches $46.20, you slide the stop to $43, and the loss you agreed to is now $350.
Where stop loss discipline shows up in a journal
A trading journal is where this stops being a definition and becomes your own number. sizeforzero computes it from the trades you import or log, alongside the rest of your analytics vocabulary, and every figure in the app carries an (i) that explains it in the same plain English you just read.