Stop losses are the most important thing to protecting your capital, which is probably why I end up with 20 trades per day. The only sizable loss I had yesterday was when I didn't cut my losses quick enough. Even though I was right my timing was off, and not cutting losses quick enough stopped me from committing to that trade again when the time was right.
3DP - 1 min chart. In hindsight, there was no real sell signal until the fall to 7.5c. 6c was choppy and I got stopped out twice over that period. came right thought when it broke out. you gotta expect 10% fluctuations when a stock is up over 100% I guess...
