Do professional traders use stop losses? – Free Swing Trading Software

What are the pros and cons of stopping your position before the order expires?

These kinds of questions (which we’re all going through now) will allow you to understand what you should and shouldn’t be doing at each step of the trading process.

Trading, it turns out, is far more difficult than you might think.

The reason you’ve been getting confused for so long is that we all need to stop our positions when the market is closing.

Before closing down trading, it is common practice for professional and amateur traders to pause their positions for periods of 5 – 6 minutes and then exit them, depending on the size and number of orders they’ve placed.

We’ve all heard the saying that it’s bad to over-exert yourself.

That’s why at the end of an extended trading session, most people will leave or wait a little longer before closing their position.

The reason?

The short-term profits are better than your long-term investment.

So we’re not really saying you should stop at any point in time, just keep your positions open and close them up when the last trade price of a market open reaches a level that you deem acceptable.

That’s it really.

We recommend investing about 5% of your portfolios in fixed income (stocks, bonds, etc.) in an interest-bearing retirement fund, or as you do in the stock market by taking a profit-taking profit during market cycles.

So while you could take a small trade here and there, that would be an inefficient use of the time during which you’ve been trading. Why not keep your investing and time management in mind when you’re deciding what trading strategy you should follow?

In closing:

It’s good to always have a plan, but it is also advisable to have a plan without a plan. Make sure you’re fully informed on your strategy, what your trading strategy is supposed to be, and how you should be using it. Your trading experience should also have enough information at the end of the session to help make the best decisions in both markets, if you so choose.

I hope these few pointers will help you in your understanding of what needs to keep you on track and why it’s important to keep your time management in mind.

Good luck in your trading experience,


*For an in depth discussion on whether I recommend using stop losses, see my article Trade Stop Losses in

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