I have been trading for about a yr and half and have learned that stops (actual orders or written and executed at price) are a must! My trading style is to plan my entry and my stop based on TA. The stop must be placed based on TA and the share size adjusted to reflect my risk. Ex. If I see that a trend line is broken and I chose to make an entry, my stop may be 2 atr below the trend line. If I am risking $1000 then my share size will be 2(atr)x=$1000 and my share size will be x. Assume a stock with an atr of $1.25 then the formula would give me a share size of. 2($1.25)x=$1000, 2.5x=$1000, x=400 I could trade 400 shares with the above plan and only risk $1000 or 1% of a 100,000 account. The important parts are: 1. Use stops (physical or mental) 2. Set the correct stop and adjust share size to reflect risk.