On a normal day trade on an $8.00 stock that's hot Try to get in at the best price looking to make 10%+. Once you are in try to make money on the trade. BUT if you are 10% wrong and it's only a day trade. Then you got it wrong. Get out. Your risk for reward are not more that that
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Replying to @MasterBJones and @traderbjones
Do you always have 10% stop in on trades? Or are there some that you stick with even when they go down because you think they’ll eventually go up?



