How to Make Money in Stocks

I have a maximum loss amount per trade. It's actually pretty small compared to my account size I just don't like to lose a lot of money and that will determine my position size So you have to determine your stop loss first and then A good rule of thumb is just double that for your target But I do a little more sophisticated Process than that. I look at you know trend lines and Fibonacci Retracements and so on to determine the most probable Place where the stock is going to top out and that will be my target area. If it's not anything at least like a two-to-one profit to loss ratio, I'm not even going to look at the trade