What stop-loss strategies do you use?

[WmWaster]

Hi.
What stop-loss strategies do you use?
Do you use tight or wide stop-loss?
Do you use mental stop-loss?

Feel free to cast your vote!
(Explain you strategy in the post if you see the need)

Thank you very much for your participation!

PS: A similar poll is created too, named "Do you use stop-loss orders at all?"

 

[Bitstream]

mental stops dependent on entry and vola.

 

[WmWaster]

Quote from Bitstream:

mental stops dependent on entry and vola.

What do you mean by "depedent on entry"?
So are you using fixed % or fixed point?

 

[JMowery1987]

Quote from Bitstream:

mental stops dependent on entry and vola.

Same here

 

[Bitstream]

Quote from WmWaster:

What do you mean by "depedent on entry"?
So are you using fixed % or fixed point?

evidently i dont use a fixed point, rather i adjust my predestined mental 1 as mkt progresses and tells me what's up....i get many chances to get out close to or at b/e this way.

 

[mauzj]

Stops?

When in trouble double!

 

[Cheese]

Stop-loss strategies?
Bankruptcy?
Stop trading before it gets to bankruptcy?
Stop trading because you tolerate losses?
Stop trading because you are not a winner?
Don't start trading in the first place?

 

[WmWaster]

Quote from Cheese:

Stop-loss strategies?
Bankruptcy?
Stop trading before it gets to bankruptcy?
Stop trading because you tolerate losses?
Stop trading because you are not a winner?
Don't start trading in the first place?

"Stop trading before it gets to bankruptcy?"

Maybe it's already too late then.