Submitted by United-Display-386 t3_10nv1vn in wallstreetbets
ScutumSobiescianum t1_j6bnp4z wrote
Reply to comment by United-Display-386 in How many % do you often set for cut loss? by United-Display-386
Drop the algorithms and go with actual state of play, in otherwords follow the trend. Trend is broken, you sell. Otherwise you keep moving your stop loss up to run with the momentum. Been trading for years and our records are for all to see, as long as you are disciplined and follow a strategy most trades are going to be winning ones.
United-Display-386 OP t1_j6bpctj wrote
Agree, nowadays people invest follow the trends 😄
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