POLL: Do you typically risk more money on a trade than you plan to make?

Discussion in 'Trading' started by Thunderdog, Jul 25, 2009.

Do you typically risk more money on a trade than you plan to make?

  1. Yes

    31 vote(s)
    58.5%
  2. No

    22 vote(s)
    41.5%
  1. In my experience it's reasonable to have stops that are larger than targets for individual positions. Ultimately, what matters is the portfolio performance, and as long as I have a PF > 1.5 (preferably 2), I'm fine with the trade-off between individual stop & target.
     
    #11     Jul 27, 2009
  2. It's not a clear cut question. I often take positions where I'm prepared to take a complete wipe out - 100% loss. Technically it's less than the upside when things go right but it's not generally in the spirit of the thing when people talk about loss size.
     
    #12     Jul 27, 2009
  3. Say what?! :eek:
     
    #13     Jul 27, 2009