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Stop-loss placement lab

Compare the three ways of placing a stop on the same trade, and see what an overnight gap does to each — because the stop you typed is not necessarily the price you get.

About 4 min to an answer Free, no sign-up Runs in your browser
Read the lesson: Stop-losses and when they fail
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Runs entirely in your browser — nothing you type is sent anywhere. Educational only, and not investment advice.

How to use this calculator

Each step names a control you will find on screen above.

  1. Stop placement method

    Switch between percentage, ATR and structure. A fixed percentage ignores the stock; ATR scales with how much it actually moves; structure puts the stop where the chart says the idea fails.

  2. Stop distance

    For the percentage method, how far below entry. Watch what a 2% stop does on a stock whose average daily range is 3% — you are guaranteeing an exit on noise.

  3. ATR multiple

    For the ATR method, how many average true ranges of room to give it. Between 1.5 and 3 is the usual band. Lower gets you stopped constantly; higher costs more per loss.

  4. Overnight gap down

    The part most calculators skip. Set a gap and watch the fill price drop below your stop — a stop-loss is an instruction to sell at market once touched, not a guarantee of price.

Worked example: The same stop, three ways, then a gap

You are long at ₹1,000. The stock’s average true range is ₹30, roughly 3% a day. Compare a 2% stop against a 2× ATR stop, then apply a 4% gap down on bad news.

What to enter

Entry
₹1,000
Stop placement method
Percentage, then ATR
Stop distance
2%
ATR multiple
Overnight gap down
4%

What it shows you

Percentage stop
₹980

inside a single normal day’s range

ATR stop (2×)
₹940

₹60 = 2 × ₹30 ATR

Price after the gap
₹960

opens below the ₹980 stop

Actual fill, % stop
≈ ₹960

not ₹980 — the gap jumped it

Loss taken
4%, not 2%

double what was planned

Where this is taught

A calculator gives you a number. These explain what the number means and when it misleads you.

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