Glossary · market terms in plain English

Stop level

The price level at which a trade idea is proven wrong and the position is exited. In this journal’s method it is read off the chart — a daily close through the level — set before the entry, and never moved further away. The level is the trigger, not a guaranteed fill: the exit executes at the next available price, which a gap can carry beyond the level. Taught in: Stops and exits →