Anyone care to share their methods for setting stop lo$$e$

I/we just found the $250 and up Stop Loss drop down for strategies… I am not having the best experiences with the $250 and $500 settings…
Perhaps they could/should be set somewhat with the VIX for the day or the recent VIX…
208-550-9111

While any stop is better than no stop at all, it should not be based on some arbitrary amount of money, like $250 or $300.

For long positions you could use the previous pivot low to place your stop, for instance, assuming it is not too far from your entry point.

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The only choices given are $0, $250, $500, etc…

Hi,

Are you talking about this C2 stop loss feature?

I believe so…

I/we did not find a stop loss until April 5th as we didn’t know there was a Dropdown choice underneath the Banner: No Stop loss/Use the strategy. Once we clicked on that a lot of choices appeared: $250, $500, $750, and on down. No %'s appeared… Ron Frank 208-550-9111 :slight_smile: