Anyone know this simple Money management calculation?

TradeTune said:
Basically we assume you need a 100% gain from $50 level to reach breakeven, which isn't true, if i 'm not wrong.
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Scataphagos said:
Don't be a dope to hold from 100 to 50. Should have stopped out no later than 92.
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This -8% stop loss... is from Bill O'Neill. Totally logical... IF... your entry was "technically correct/reasonable" or if chasing a story/concept... if the play moves >8% against, you probably got it wrong. That is, you need to know Technical Analysis to make proper trade entry.
 
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