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Coiled Spring & Defensive Value (guests: Lyn Alden, Kuppy)
The Market Huddle
Trade Smaller With Wider Stops
Traders often use previous highs and lows, or simply trailer the stop losses as as it's moving. Trading smaller with wider stops is definitely one of the better ways to do it. But in the end, you have to often allow the the trade. You almost have to enter at a point where you can definitively know where you're going to be wrong. The risk that you can incur make sense for you cutting out of the trade.
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