here's an example of a real trade i made. i didn't have a real stop order in because i hate getting stopped out at the low of the day or something. luckily i fell asleep and totally missed what would happen later. lol so i am still long this trade. btw, it's a swing trade. my question is not whether this is a good swing trade, the question is how to deal with stops on a stock like this??? how on earth can a trader keep his risk small when shit like this happens?! after looking at the chart, what should i be thinking right now? 1) should i have got out where i wanted to? was it too tight of a stop? 2) should i only exit at end of day and ignore ridiculous intraday moves? 3) should i have made my initial stop a lot bigger, maybe using ATR? 4) should i have taken the small loss and just accepted that this trade did not go my way, and move on to the next trade? i ask these questions because i am trying to keep my losses small. i have always been a tight stop person because we all know our best trades are those that go our way almost immediately. so why should i hang on to trades that don't go my way? also, the larger i allow my losses to be, the harder it is for the gains to make up for the losses. so that's why i want small losses. i just don't see how a trader can keep his losses small when shit like today happens?!?!?!?!?!?