Quote:
Originally Posted by lewdog
It's just math for how much capital you'd lose on a trade.
(Purchase price - stop loss)
Divided by purchase price
= percent loss for trade
WIRE
72.21 - 68.88 = 3.33
3.33/72.21= 4.6% loss
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Are your stop losses always set less than 10%? Just curious because in the previous examples, they weren't round numbers. Where do you come up with the stop loss %? I usually just set it at 5%, sometimes 10% depending on volatility.