As I was trading today, placing stop orders and watching my stocks repeatedly hit my stop, then turn and tear off in the other direction. I realized, the stop order is important, but where you place is even more important. I have been placing stop orders usually $.25 to $.50 below my entry. Where does everyone else put their stops at? Do you place it below support, no matter how far away it is from your entry, a percentage of your profit you wish to have, todays low or ???????