How does Kyle Ng set a daily bias and stop loss?

Every trade idea has three parts picked in advance. A bias: which way the market should go, read from the structure of higher highs and higher lows or lower lows and lower highs. A target: usually the most recent untraded swing point or the previous daily high or low. And a point of invalidation: the price where the idea is dead.

The stop loss goes at the invalidation level, the place where the trade idea is no longer right. Not at a dollar amount. Not at a distance that feels comfortable. If price trades through that level and holds, the bias is wrong.

The protocol after invalidation is the discipline that keeps accounts alive: once the invalidation level is hit for the day, Kyle is done. No flipping direction on impulse. No revenge trade. The market will print a new setup tomorrow.

Sources: The 3 Step A+ Strategy