traders protective stop loss

Post on 26-May-2015

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Traders need protective stop to lower their capital exposure in a trade. Many ways to place a protective stop for your trading account and the one I present here, is the easiest and most objective trading plan for your stops.

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Stops Are CrucialTo Your Success

Trade needs wiggle room limited by your exposure parameters - .5-3%?

Stops sit as limit orders.Execute as market orders.

Risk of Slippage

We need to place a stop.

But where?

Use Objective Rules To Keep Emotions Out Of The Equation

In a downtrend watchthe higher highs

Objective method for stops and letting the

market dictate when to exit

www.netpicks.com

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