TRADING 04 FUTURES

[QuillandPenn]

re: stop loss

I can't recall if a stop loss order was mentioned. What is the boards opinion on limited stop loss orders and at what percent.

I still have a 6% stop loss order no matter which color pops up. Let's say it went green at first then later it went to red. Still the stop loss order is in check. Anything can happen all week. If it is a minor loss, that was a Business decision. Trading is a Business and must be treated as such.

Let's say if it is red, of course I won't trade and call it a day or week and get them next week. But, we have to look at the inverse side as in Tetter Tottering.

Maybe it is me since I got all my training from trading the QQQ's along time to where it becomes routine.