Stop loss orders can help manage a position’s profits and losses. Not many traders have the time to monitor their portfolios constantly and close positions when the market moves against them. So what can they do to prevent the detrimental effects of an outsized move on a position’s profit and loss (P&L)? They can manage … Continued
Yes. It’s a thing. Traders can limit the potential for large losses while maintaining, and even improving, profitability. What’s more important: trade entry or trade exit? As experienced traders know, both are integral to a trader’s profits! Stop Losses, the Basic Tactics article in this issue, tests the viability of incorporating stop losses into short … Continued
