Alchemy of Position Sizing and Stop Loss Placement

Stephen Vita just wrote about how he determines his stop loss placement and position sizing. What he does is almost exactly what I do. (Thank you Van Tharp!) As I’ve said many time this money management stuff is the key to staying in the game.

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  1. Ugly Chart says:

    Stops and position sizing

    Trader Mike posted yesterday about Stephen Vita’s post about how he determines his stop loss placement and position sizing. This is what I do, too, and I think it is very good advice. I try to explain in briefly in…