How to set a stop loss on MetaTrader 5

🚀 If this is your first time using MetaTrader 5

MetaTrader 5 is just the software: to trade you need an account with a broker that offers it with US stocks (usually as CFDs). Check this on the broker's website before opening the account.
Open a demo account on your broker's website, or from the software itself: «File» → «Open an Account», find your broker and choose demo. It's play money: ideal for practising.
Download MetaTrader 5 from your broker's website (that way it already includes their servers) or, on your phone, from the App Store or Google Play.
Log in to your account: «File» → «Login to Trade Account» and enter the account number, password and server your broker gave you (they usually arrive by email). On your phone: «Settings» → «New account», find your broker and log in with those details.
Check that you're connected: the connection speed must show at the bottom right, not «No connection»; and prices must be moving.
Open the two windows you'll use: «Market Watch» (Ctrl+M), with the list of stocks, and the «Toolbox» (Ctrl+T), with the «Trade» tab, where you'll see your positions and balance.
Do a full test on the demo: buy a small quantity with its SL, raise it to your entry price and close it, following the steps below. When you can do it without hesitating, move to the real account.

Initial setup

Check what each stock is called at your broker: it may be NVDA, NVDA.US, #NVDA… If you don't see it in «Market Watch», right-click → «Symbols» and look it up.
Check how many shares make 1 lot: right-click the stock → «Specification» → «Contract size». That tells you how many lots to buy.
To buy faster, turn on one-click trading under «Tools» → «Options» → «Trade».

🟢 BUY

Press F9 (or «New Order») and choose the stock.
Enter the volume in lots.
In «Stop Loss», enter the signal's SL price.
Click «Buy».

🔵 RAISE SL

In the «Trade» tab at the bottom, double-click the position.
Enter your entry price in «Stop Loss» and click «Modify». You can also drag the SL line on the chart.

🔴 CLOSE

In «Trade», click the cross (×) on the position, or double-click and «Close».
The SL is attached to the position: when you close it, the SL disappears on its own.

In the mobile app: «Trade» tab, press and hold the position and choose «Modify» or «Close».

Official guides, with screenshots and videos

These are the platform's own pages; some are in English only.

Reversal Club has no relationship with these platforms. Their menus may change: if something doesn't match, look for the equivalent option. Reviewed in October 2026.