@joan23us, No, we trade based on candle close rather than hit.
If you use your stop loss based on hitting the price, you would lose money really often with good trades. This trade here is a great example.
You can see that the price felt and quickly jumped back up, not closing below our stop loss. (This is something I expect to happen and thus my manual stop loss).
For this stop loss to activate, a close below the mentioned level must happen.
Here you can find more information on how I use my stop loss (feel free to post again or message me if you have any questions):