The Importance of Having your Stop in the Right Place – Trading the Financial Markets
I wanted to put this post up to remind myself of a lesson which I seem to have forgotten and cost me today and that is... "ensuring that your stop is in the right place" To be honest, I got a bit lazy and have been putting stops with my orders with no real analysis as to where they should be. I know some people and some of the systems that I use do have a fixed stop limits but this way of trading for me involves putting in stops in the correct place. A stop is your 'yes, I am definately wr