Introduction to The Stop Loss System
The Stop Loss System is a simple, smart, and effective way to manage risk in your trading and investing. The core of the system is customizable. You can adjust the system to fit your unique risk tolerance, time frame, and trading or investing style.
The system produces a hard and fast stop loss. You either use it or you don’t. There’s no in-between. Sure, you can account for market volatility or an individual position’s unique requirements and make adjustments. But you must stick with the system once you commit to it.
No system is perfect. Even the Stop Loss System is imperfect. That’s the nature of the market. But it’s your role as a trader or investor to minimize the chaos and randomness that are associated with the market. The Stop Loss System does just that by establishing a consistent and objective method to setting stop losses.
You’ll learn the Stop Loss System in three parts:
- Construction
- Repetition
- Customization
You’ll first learn what goes into the construction of the Stop Loss System, the tools, tactics, and parts of the system. You’ll learn a smart way of determining how and where to place a stop loss order.
Next, you’ll get a lot of examples of the Stop Loss System at work. Repetition is critical to learning the system. The examples you’ll go over will deliver the necessary repetitions you’ll need to learn the concepts of the system.
In conclusion, you’ll learn how to customize the system to fit your unique risk tolerance, time frame, and trading or investing style. You’ll see how you can take the core Auto Stop System and apply it across different time frames and styles.