In today’s Tip TV Education segment, Dr. Corvin Codirla, former Hedge Fund Owner and Founder of FX Master Course, talks about the nitty – gritty of stop loss – practice that reduce a portfolio’s exposure after reaching a certain threshold of cumulative losses… commonly used by retail and institutional investors as a part of their risk management system.
Stop losses don’t just stop losses, but also enhances trader’s/client’s well being.
Do different trading methods require different stop strategy? Codirla believes trend following system requires tight stops, while mean reversion technique requires wide stops.
Check out the full segment to know more about setting appropriate stops in order to enhance portfolio profitability and overall well being.