Do you have a 10% stop loss?
If so you are most likely already out of that trade.
Do you have a 20% stop loss?
Whether hard or mental?
That usually is where you want to be.
Why?
Small Day Trading stocks can easily fall 50% or more in a market correction.
Quote Tweet
During a market correction.
Almost every stock goes down.
Not just yours.
So if you are holding some stocks in your account hoping they would go higher in another next week or so.
What do you do when they start falling?
Well it depends. twitter.com/MasterBJones/s…
