Hey guys!
I've been out of the game for a little while now due to some heavy losses a few months back. I have some capital rebuilt and I am ready to get back into trading.
One of my weaknesses has always been the utilization of stops. I would like to hear some of your opinions and strategies on this topic.
Most of my heavy losses have resulted from a failure to use stops, so now I need to go into each purchase with a more detailed plan how large my losses can be before I sell off -- a stop, of course, is the easiest way to do this.
Looking forward to some feedback
thanks!
- alex