Thursday, June 20, 2013

Stop Loss - Chris Capre

"Every system I've seen that doesn't use stops fails. All it takes is one central bank intervention, or news announcement to take out their position and never come back. Sometimes the market can go for years against these trades, so it seems ridiculous to build up months or years of profits, to lose it all for one trade.

Every system like these eventually fail, and end up killing the entire acct, so I'd avoid this as much as possible." 

- Chris Capre

No comments:

Post a Comment