Why does moving a stop-loss matter so much?

Widening a stop after entry converts a defined-risk trade into an undefined-risk one after the fact, since the original risk level you planned for no longer applies.

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How many times this month have I widened my stop-loss after entering a trade?

Q: How many times this month have I widened my stop-loss after entering a trade?

Set your monthly tolerance, then log each stop-loss widening as it happens with a short note. The tracker keeps a running count and shows a progress bar against your tolerance for the month.

The market doesn't reward being right. It rewards managing being wrong, cheaply.

Jason Parker, Founder of Trading Habits

Set Your Monthly Tolerance

Set how many stop-loss widenings you'd consider acceptable this month, then log each one as it happens.

Your Log

Set your tolerance and click Start This Month's Log to begin logging stop-loss widenings.

How this is calculated

Widening a stop-loss after entry, moving it further from your entry price to avoid getting stopped out, converts a defined-risk trade into an undefined-risk one after the fact.
Zero widenings is the generally recommended tolerance. This tracker lets you set your own number so you can see exactly how far your actual behavior drifts from that.
This is a manual, self-reported log for the current month only. It clears when you press the Clear Log button and does not save between visits or connect to your broker.
Pair this with the Personal Trading Rules Card Generator to write your stop-loss discipline rule down explicitly, and the ATR Stop-Loss Calculator to set a stop distance you're less tempted to move.

Risk & liability disclaimer: This tool is a manual, self-reported tracker for personal reference only. It is not financial advice, does not connect to any broker or trading account, and does not verify that the numbers you enter match your actual trades. Trading involves risk of loss. Trading Habits is not a broker-dealer, registered investment adviser, or tax professional, and is not affiliated with any broker, exchange, or data provider. Always verify your actual account activity directly with your broker.

How many times this month have I widened my stop-loss after entering a trade?

Set Your Monthly Tolerance

Your Log

How this is calculated

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