18 min listen
14: Why "Stop-Loss" Orders Could Actually Be Creating More Losing Trades
14: Why "Stop-Loss" Orders Could Actually Be Creating More Losing Trades
ratings:
Length:
26 minutes
Released:
Jan 3, 2015
Format:
Podcast episode
Description
In this session of The Option Alpha Podcast I'll explain why most traders think stop-loss orders help manage risk and protect them when in fact they end up creating more losing trades. Using the "Lazy Trader" program I'll show you with concrete numbers on live trades how a stop-loss order would create 50% more losing trades than if you did nothing at all and let the trade stay a loser all the way through expiration. You probably think I'm absolutely crazy for saying this, but listen in and see what the facts say about option probabilities.
Released:
Jan 3, 2015
Format:
Podcast episode
Titles in the series (100)
OAP 001 : Why The Option Alpha Podcast Is On A Mission To Help The Individual Options Trader: In our 1st session of The Option Alpha Podcast I'll cover a little more about my trading background and how we got this far from such a small blog to start. Plus my goals and expectations for this podcast. by The Option Alpha Podcast