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005: Steve Burns – What Separates New Traders From Rich Traders—and How to Cross the Divide

Chat With Traders

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How Do You Manage a Stop Loss?

Ka: How do you typically manage that trade as far as placing stops? A dive, profit targets, amon ing this just the closdi edd hedd typically managed. I saya the s and p 500 broke over the 200 day moving average. Once i purchased, i'll have a stop. Tried once. Lost. But whoever my stop is, i'll initially, i'll attempt to never lose more than one % of my trading capital.

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