Types Of Stop Losses:How to use Percentage Stop Loss in trading

Let’s face it. The market will always do what it wants to do, and move the way it wants to move. Every day is a new challenge, and almost anything from global,local  politics, major economic events, to central bank rumors can turn financial market one way or another.
This means that each and every one of us will eventually take a position on the wrong side of a market move.
Being in a losing position is inevitable, but we can control what we do when we’re caught in that situation. You can either cut your loss quickly or you can ride it in hopes of the market moving back in your favor.

Of course, that one time it doesn’t turn your way could blow out your account and end your budding trading career in a flash.

The saying, “Live to trade another day!” should be the motto of every trader because the longer you can survive, the more you can learn, gain experience, and increase your

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