Do you implement stops to protect yourself?

Hi All,

Just wondering how many members have stops in place to protect from big losses. If so, what do you consider a suitable loss before you bail out?

For myself, I have stops set at a loss of 15% but I've seen people talk about 5% - 25%.

Depending on R/R and setup I do not set a stop larger than 2% of portfolio. I trade over the shorter to medium time frame i.e. minutes out to a week or two.

Position sizing is also capped by what I can afford (metal capital and wealth capital) if I take a 50% step loss i.e. 9/11, take over bid etc. Of course its not infallible correlations etc.


Try a search Tech/a and others have covered this subject extensively in detail

Focus