Whenever I enter position I have predetermined stop

Whenever I enter position I have predetermined stop. That is the only way I can sleep. I know where I am getting out even before I get in. The position size on a trade is determined by the stop and that stop is determined on a technical basis. For example, if the market is in the midst of a trading range, it makes no sense to put your stop within range, since you are likely to be taken out. I always put mu stop beyond some technical barrier. – Bruce Kovner

position

Igor Marinkovic

Electronic engineer, futures trader and property investor and total beginner in making good web sites