New Traders Daily Limits?

[Boomer]

What are your opinions on a new trader shutting down trading after a certain $ loss or $ gain for the day?

 

[traderpro]

Max loss limit for sure. When trading is going well why would you stop?

 

[TokyoGhetto]

don't stop trading until you hit your max stop loss for the day or until the bell signals the close.

I get discouraged when I am about to hit my max loss for the day but I just keep trading and tend to bounce back. Its all about sticking to the trade plan.

Set your limits and stick to them...