2min chapter

B The Trader cover image

Meet The Man Who Creates Millionaire Traders

B The Trader

CHAPTER

How Do You Determine What Your Stop Is?

A trade is a risk full risk on is a percentage of that daily stop. A beginner trader might start with a daily stop loss of 500 dollars a day. These days, you start at 500, and then every two weeks you're eligible for a bump. You want to get to the point whe you're risking 30 % of that thousand dollars on that a plus trade.

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