● Do you utilise stops in your trading? Subscribe if you want to learn while being entertained.
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Do you utilise stops in your trading? Steve Ruffley, day trader comments. Do you utilise stops in your trading? Guys, please appreciate this guy is a day trader, meaning he holds and sells positions for very short periods and as such his methodology may be different to others.
Is utilizing stop loss orders for the average trader a good or bad idea? It is often said that stop losses the main reason for being taken out of the game? How do you handle losses? What is your method in risk and money management? How do you trade size and manage larger positions? How do you effectively average into and out of trades?
Stops are a good idea for beginner ideas but maybe not great for day traders. The problem for me is that I'm not really long enough in the markets for stops to be a factor. I don't think you ever get used to big losses - you take your dog for a walk or perhaps try to speak to your partner about it but it doesn't really help. That's why trading is a very lonely procession.
