Stop Loss (SL)

Your pre-set maximum loss, placed at invalidation. Non-negotiable on every trade.

Related terms

Stop Order"Trigger a market order when price crosses X" — powers stops and breakout entries.
StructureThe skeleton of swings (HH/HL or LH/LL) that defines trend, reversal and bias.
Supply ZoneThe origin area of an explosive move DOWN — unfilled institutional sell orders likely remain.
SupportA price AREA where falling price historically finds buyers. A zone, never a line.
Swing High / LowA local peak/trough with lower highs (or higher lows) on both sides — structure's building block.
Swing TradingHolding positions for days to weeks, riding the 4H/Daily structure.

Terms stick when you use them. The Money Circle academy walks you through them step by step.