Does Anyone Here Cut Losses At 6% Or Below?

I'm just wondering.

 

You mean risk over 6%?

 

2% of an account is about the max loss I afford.

 

2% max risk per trade

 

10 pct.

 

Long term holdings only now have no stop, have sat thru 20% loss.

Short term when I did it
# shares to buy=stop loss dollar amount/volatility stop
typically was 1/2%