When to Cut Your Losses: How to Exit a Loser Before It Sinks Your Account
Cutting losses is the skill that keeps you in the game. Learn when to cut a losing trade, where to set your stop, and how to keep every loss small.
Cutting losses is the skill that keeps you in the game. Learn when to cut a losing trade, where to set your stop, and how to keep every loss small.
The edge is not a perfect exit. Learn how to trim into strength to finance the trade, let your winners run, and protect principal with a stop order.
Options trading risk management is the survival system that keeps a string of normal losses from turning into one account-ending one. Twelve rules covering position sizing, defined risk, time decay, and portfolio controls, with a diagram for each.