Market Intelligence › Basic Terminologies
Hard SL system is used; Mental SL exists only in the mind and often slips away under pressure.
Published by The Retail Trader · JUL 31, 2026 · Risk Management
Hard SL vs Mental SL — Hard SL is laggy in the system; Mental SL exists only in the mind and often slips away under pressure.
This term comes under Risk Management, in the section "TRADE-LEVEL RISK". Words inside a single trade:
Other terms in this group — understanding them together is more useful:
• Stop Loss
• Target
• Risk-Reward Ratio (RR)
• R-Multiple
• Entry
• Exit
• Trailing Stop Loss
• Breakeven Stop
• Scaling Out / Partial Booking
• Invalidation Level
To read the entire group and all its examples at one place, see the journal "RISK MANAGEMENT: DICTIONARY OF AVOIDANCE" - this term has been taken from there.
This entry is for educational purposes only and is not a recommendation to buy or sell. Exchanges change charges, margins, lot sizes and expiry rules from time to time, so verify any figures with your broker or exchange.