Description
Stop-loss Management
Stops are a necessary evil. We must use them, but hope they never get hit. Stops are like insurance: we don’t like paying monthly premiums, but we’re glad to have it when trouble hits.
Stops help control risk and prevent disastrous losses. Managing stops can be very difficult, as our emotions lure us to move or even cancel stops when our trades swing against us.
One of the common dilemmas is which type of stops to use, and the other is how much room to give our trades. Do we use intra-bar stops or only closing basis stops?
Kerry addresses these and other important issues. He focuses on some of the best techniques for managing stop placement and answers questions.
This presentation is followed by a Q&A.
