Just wondering other than the usual 10% stops that people have what other points do they cut their losses. I read early someone mentioning 80%. Not sure if they meant 80% loss or 80% of their in price? I am thinking that somewhere between 10-30% would be more than enough but then you could also average down your position as well which could ultimately be chasing your losses? I am not a day trader as such more like a week to a month so I am prepared to ride things out a little longer than most. As has been proven in the past you may decide to jump at -10% only to see it rebound off -10.5% Your thoughts?
