[The reason you can't cut losses lies in the quantity] Decide first on the amount you can pay
When the price nears the level you set for a stop loss, do you find yourself nudging it a little farther away with the mouse? Before blaming yourself for not being able to place the stop loss, isn’t there something you should confirm?
If you can’t press the stop loss, you tend to think you’re weak-willed.
But there are often reasons why a stop loss can’t be pressed.
Good evening!
I’m Masashi^^
This time, I’m talking about stop losses from the perspective of quantity rather than feelings.
Whether you can press it or not is, I believe, almost decided before you place the order.
A stop loss that can’t be pressed is usually a stop loss that exceeds what you can pay.
? You moved the placed stop loss just before it could be reached
I used to place a stop loss and then shift it just before it could be hit.
I would think that if I waited a little longer, it might return.
Afterward, I’ve reviewed in my records what happened on the days I shifted it.
When lined up, the days I shifted it were all days I increased the quantity more than usual.
The day after a good week, I increased a bit.
Trying to recover losses, I increased a bit more.
The amount that would reach the stop loss exceeded what I could pay inside me (;'∀')
? On days when I couldn’t press the stop loss, the quantity was usually large.
? Stop losses that can’t be pressed are usually too large
Stop losses are costs you pay at the price you set before entering.
Being a cost, it must be within what you can pay.
A cost that exceeds what you can pay cannot be treated as a cost anymore.
The moment it reaches, it becomes a test of whether you pay or run away.
I don’t think there are many people who can calmly win that test every time.
So, if you want to press stop losses, it’s better to review the quantity before placing the order than to focus on the moment of pressing.
Rather than pressing power, plan to fit into an affordable amount.
? Why does deciding the quantity first make it harder to press a stop loss?
The reason is that when you decide the quantity first, the stop loss position is moved later to fit that quantity.
After entering with your usual quantity, you bring the stop loss closer because the amount is scary, though you’d actually like to place it farther away.
Then, the stop loss lands at a price you would normally reach with ordinary fluctuations.
Conversely, if you place it while keeping the distance and do not change the quantity, the amount at which you hit it becomes larger.
In either case, the stop loss is placed not by the chart’s location but by your wallet’s constraints.
✅ A method that uses quantity last
The idea is simply not to decide the quantity first.
The amount you can pay and the stop loss location come first, and the quantity comes afterward, I think.
How much you can pay varies depending on your account size and lifestyle.
Therefore, I won’t decide the amount itself here.
What’s important is to write that amount in one line before placing the order and paste it beside the screen.
One line like: “Only pay up to the decided amount per trade. If it would exceed, reduce quantity or skip.”
The stop loss’s location is determined by the chart’s facts, not by your wallet.
When the location is far, the quantity becomes small; when it’s close, it becomes a little larger.
Since the stop loss’s location changes each time, it’s natural for the quantity to change as well.
? The key point to look at is whether you can state the amount you’ll pay before it reaches you
Before you press the order button, confirm one thing.
The point to check is whether you can say aloud how much you will have to pay when the stop loss is reached.
Huh? You might think, isn’t that simply calculated?
That’s right.
However, in reality, many days pass without doing that calculation before entering.
If you can’t say it, that order isn’t ready yet.
If you can say it, you enter with the understanding you will pay it when reached.
Orders for which you cannot state the amount when reached should not be placed yet.
⚠ If you can’t pay even with the minimum quantity, skip
Up to here I’ve discussed adjusting the quantity, but there are situations where you can’t adjust enough.
When the stop loss location is very far away and even the smallest quantity would exceed what you can pay.
In such cases, you’ll want to bring the stop loss closer to balance it out.
But if you do that, you’ll revert to stopping losses based on wallet constraints, not the chart.
In situations where the amount you can pay won’t fit, skip for that day!
If you skip, leaving a note like “Stop loss was too far / skipped” in one line becomes a proper record.
? People who benefit from GOLD’s special remedy, and those who don’t
GOLD’s special remedy is a teaching material that summarizes, in my own way, how to view places, waiting reasons, and where to stop when looking at GOLD.
The quantity discussion written here is more about what I normally pay attention to before placing orders than about the material itself.
The material, anyway, provides ideas on when to enter and where to stop as a basis for consideration.
However, deciding how much you can pay and actually paying when reached are about your own account and your own hands.
Even if you read the material, it won’t press the stop loss button for you.
If you’re looking for a method to recover quickly in one move, this material isn’t for you.
If you want to keep a sustainable approach by fitting the amount you can pay, this will give you something to compare with.
? Summary: Quantity last, amount you can pay first
Not being able to press the stop loss is often caused not by weak will but by the size of the quantity.
Write the amount you can pay first, and then adjust the quantity later.
Before ordering, confirm whether you can voice the amount you would pay when reached.
If you cannot pay even with the smallest quantity, skip.
Whether you settle on this order by documenting it yourself or by using GOLD’s remedy to determine where to stop,
I hope you choose the approach that fits you best.
In your next order, try placing the order after pasting a line with the amount you can pay beside the screen.
The distance to the stop loss location should begin to look a little more settled ^^
?View details of GOLD’s remedy
Thank you always for reading ^^