Traders of the IRP

[Durkkdiggler]

very cool. I also watched one of you chart evaluations.

You mentioned stop loss. I use stop losses across the board. my number is 20%.

My question is should a stop loss be adjusted differently for a long term stock, compared to a short term hold? for instance long term 50% stop loss, short term 20%. I have had many instances where I get stomped out only to see the stock return back up to normal levels the next day.

Also, Would using the 20% and buying back in be a better practice for long term?