How to set up Stop Loss on Exness correctly?
Review: “I traded without a stop loss, I lost 70% of my deposit during the day. Now I’m afraid to open new deals.”
Exness’s answer: “We recommend always using Stop Loss, setting it at the acceptable risk level (1-2% of the deposit per transaction). This will protect against critical losses.”
Basic Stop Loss Parameters
Stop Loss orders protect trading positions from excessive losses. Pakistani traders set specific price levels for automatic position closure. The order activates when price reaches the specified level. Stop Loss placement requires understanding of price movement and volatility.
Stop Loss Types:
| Order Type | Description | Activation |
| Fixed | Set price level | Market price hits level |
| Trailing | Moving level | Follows price movement |
| Guaranteed | Fixed execution | Exact price level |
| Dynamic | Indicator-based | Technical level breach |
Initial Stop Loss Setup
- Open new position window
- Enter Stop Loss price level
- Calculate position size
- Verify distance in pips
- Confirm order placement
Position Parameters
- Entry price
- Stop Loss level
- Position size
- Risk amount
Stop Loss Calculation
Position risk determines Stop Loss distance. Pip value affects monetary loss calculation. Account currency influences risk conversion. Market volatility impacts level selection.
Risk Management Table:
| Account Size | Max Risk per Trade | Stop Loss Range |
| $100-500 | 2% | 10-20 pips |
| $501-1000 | 1.5% | 15-25 pips |
| $1001-5000 | 1% | 20-30 pips |
| $5001+ | 0.5% | 25-40 pips |
Platform Stop Loss Tools
MetaTrader provides built-in Stop Loss features. One-click trading enables quick modification. Drag-and-drop function adjusts levels visually. Calculator tools compute risk parameters.
Tool Functions
- Level visualization
- Risk calculation
- Position sizing
- Modification options
Stop Loss Modification
Active positions allow Stop Loss adjustment. Market conditions may require level changes. Multiple positions need individual management. Modification confirms risk parameters.
Trailing Stop Setup
Trailing Stop follows profitable positions. Point distance determines tracking gap. Activation requires minimum profit level. Movement occurs in one direction only.
Trailing Parameters
- Activation point
- Following distance
- Step size
- Update frequency
Multiple Position Management
Group Stop Loss handles multiple positions. Individual levels suit different instruments. Overall risk requires monitoring. Position correlation affects total exposure.
Stop Loss Verification
Order confirmation displays Stop Loss details. Position panel shows current levels. Account panel indicates potential loss. History records executed stops.
Advanced Stop Loss Features
Expert Advisors automate Stop Loss management. Custom indicators suggest level placement. Time-based stops close at specific times. Break-even stops protect profits.
Stop Loss Monitoring
Platform alerts notify level approach. Mobile notifications provide updates. Email alerts confirm executions. Account statements record Stop Loss activity.
