Three-Layer Stop Loss: Trade, Strategy, Account

📅 2026-08-12 · SmartQuant Academy

TL;DR: TL;DR: Stop losses must exist at three levels: per-trade (price-based), per-strategy (drawdown-based), and per-account (total risk). Each layer protects against different failure modes.

❓ FAQ

What if my stop gets slipped?

Use exchange-side stops for critical levels and keep position sizes small enough to absorb slippage.