Risk module · lesson 19 of 32

Daily stop

Calculate risk before entry and protect the day before emotion takes over.

3 min · 7 steps

  1. Step 1 · Daily limit

    You set the daily limit before the first trade.

    −2R and the day is over, however good the next setup looks. You decide it in the morning, not after the second stop.

    Daily limitscheme
  2. Step 2 · A real day

    Three setups in a row gave three stops.

    ETH 15m, Jun 17, 2024: each long off a taken low, stop beyond the sweep. All three were hit within 225 minutes.

    first
    02:15 →03:45
    second
    03:45 →05:45
    third
    05:45 →06:00
    ETH· 15m · Jun 17, 2024real chart · Binance
    01:0002:3004:0005:3007:001×2×3×−1R−1R−1R
    firstsecondthird
  3. Step 3 · With a limit

    The limit would have closed the day after the second stop.

    The second stop at 05:45 gave −2R, terminal closed. The third long never opens, and by 10:00 price fell to 3 490.9.

    ETH· 15m · Jun 17, 2024real chart · Binance
    01:0003:1505:3007:4510:001×2×3×
    firstsecondthird
    Limit −2R on this dayscheme
  4. Step 4 · Another day

    Each one looked like a setup on its own.

    SOL 15m, Nov 21, 2025: three longs off taken lows, three stops by 07:15. Your eye tires out before the “setups” do.

    The 07:30 UTC candle: an outlier flush right after the third stop.

    SOL· 15m · Nov 21, 2025real chart · Binance
    00:0003:0006:0009:001×2×3×−1R−1R−1R
    firstsecondthird
  5. Step 5 · Find it yourself

    Limit −2R: where does the day end?

    ETH, Jun 17, 2024. Tap the candle after which the terminal is closed.

    Practice on the chart

    This is a Find it yourself task: tap a candle or a level, and the lesson tells you right away if you got it.

    Create an accountThis step unlocks after sign-up. Your progress is saved.
    ETH· 15m · Jun 17, 2024real chart · Binance
    01:0002:3004:0005:3007:001×2×3×
    firstsecondthird
  6. Step 6 · How it shows up for you

    Practice on the chart

    This is the How it shows up for you step: the lesson finds trades on this topic in your journal.

    Create an accountThis step unlocks after sign-up. Your progress is saved.
  7. Step 7 · Rule

    The daily limit closes trading for the day.

    to your Pact · checked

    The daily limit is −2R.

    Your Pact checks the day against the journal: a trade after the limit is a rule break, and your streak counts it.

    Daily limitscheme

Lessons in this module

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In the app, the lesson checks you on the chart, adds the rule to your Pact, and saves your progress.

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