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| Discuss Stop Loss at the Trading Psychology within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hi all, CRN India in there recomendations by e-mail have stated as this :- After ... |
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#1
10th January 2007, 09:37 PM
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Stop Loss
Hi all,
CRN India in there recomendations by e-mail have stated as this :- After quitting our positions on 5th Jan near 3983, we are sitting nil. We plan to buy again on 11th Jan at around 10:15 am. Stop loss will be a closing below the nifty index which is at 10:15 am at which rate you buy. Cansome one explain what the meaning of Stop Loss will be .......... Thanks Rajeev 
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#2
10th January 2007, 11:45 PM
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Re: Stop Loss
Quote:
Come again ?
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#5
13th January 2007, 07:57 PM
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Re: Stop Loss
hi,
really dont know what crn is...just follow this - stop loss is where u stop before losses stop u from trading ever (not a wise crack, think about it)...now modify this... stop loss is at a % loss of my capital (on one trade or out of your total capital) where I stop before losses stop me from trading ever (becomes so big that it takes away a big chunk of your capital). elder says 2% max on individual trade and 6% of ur capital in a month...there is a beautiful thread here on stop loss...search it
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