13'sBoard

[Agent13]

Just sharing a thought. I have given up lots of small gains and had some small losses using stops. Stop placement is a science in itself. I have saved my ass only a few times with stops. IMO 1 save from a big loss is worth 100 small losses. USE STOPS. The only time I can see not using one would be when the investment is less than 2% or so of your total account. IMO it is irresponsible to teach new traders not to use stop losses. Odds are you're going to pick a big loser sooner or later and it's going to REALLY hurt. Could set you back years!!! If stop losses are getting hit to much, look at getting better entries or different stop placement. Be responsible. Protect your capital.