How about a quick discussion on risk management. Constructive responses are welcome, non-constructive ones will be ignored. I pose the following question. You have <b>Trader A</b> who uses hard stops on each trade. This trader has a maximum down day of $5000 and will quit once he hits this number. On a hypothetical day Trader A goes in the hole by $2,000 but bears down and finishes the day up $1,000. On the flip side you have <b>Trader B</b> who also quits at -$5,000. Instead of using stops this trader uses money management and scales into trades at key levels. On a hypothetical day Trader B goes into the hole by $2,000 but likewise, ends the day up $1,000. All else being equal (this means you can't make up any conditions), who is the better risk manager and why? Before you share your thoughts/opinions remember, both have the same max down day and the same drawdown. The only difference is one trader is flat at minus 2k and the other is not.