44percentjr
44percentjr Oct 29, 17 7:36 PM

When you cut losses quick, How quick is it? Is it 5%, 10% .10 cents a share, .50 cents a share,?? I am curious because I have never heard anyone talk about this. Please advise

huperauxano
huperauxano Nov 15, 17 6:40 PM

It's a fixed dollar amount. Determine your max loss in dollars on any one trade. So if most you are willing to lose is $50 on a trade and you have a 200 share position, get out if it goes against you .25/share as an example.

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