3min chapter

Trading Nut | Trader Interviews - Forex, Futures, Stocks (Robots & More) cover image

235: Why This 15 Year Forex Trading Veteran Spent $2000/mth on a Trading Floor Seat (he didn’t need)?

Trading Nut | Trader Interviews - Forex, Futures, Stocks (Robots & More)

CHAPTER

How to Trade a Stop Loss

So, my 20% remain and I'll just trail the stop. A lot of people ask me, should I move it to break even? You can. But my argument is I'm not trading the chart. I'm trading my P and L with that stage. It's difficult for me to put a figure on how much my 20% remaining run. Sometimes it comes back down and takes me out. There's no extra profit. So, yeah, that's typically the minimum I'm looking for one is to one. And have you ever worked out like on average, what's your kind of like average risk to reward? If you if you had held the whole position and I suppose

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode