"Protect and Preserve Your Capital...Using Stops"

Are you using STOPS?

A friend of mine once joked with me that he had never seen a "mental stop" filled in the pits. It's true, for stops to be effective they must be in the market in the form of an order.

If the market is good your stop will not be hit. If the market is bad or changing direction then you'll want to be stopped out of it anyway. That is why stops are so crucial to trading success.


Here are the three most commonly used types of stops.
Which one do you use?

...Dollar stop.
...Percentage stop.
...Chart stop.

See video..