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A new trader should NEVER short a low float volume stock. You are setting yourself for possible disaster. With shorting a big cap like AMD. Definitely no problem putting in a hard stop. Of course I also use and change rising stops on a high volume trade when I'm making $.
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Now with a stock like AMD that trades a lot of volume and the Big Boys in it. You can definitely place a hard stop because your shares are no big deal. If I'm trading ETF'S the UPRO, SPXU or the TVIX. Yes hard stops are fine to use. Now with shorting. ALWAYS a Hard stop twitter.com/MasterBJones/s…