Working With Stop Losses and Take Profits | Webinar Review

We all know that Stop loss and Take profit orders are an essential part of any trader's toolkit. How important exactly they are became clear in yesterday's webinar by ActivTrades - Working With Stop Losses and Take Profits. The webinar was hosted by guest speaker Paul Wallace - professional trader with over 22 years of experience. 

The great thing about Stop loss and Take profit is that they are an indispensable risk management instrument. They allow for great control and certainty when it comes to potential losses or profits. 

One of the biggest traders of all time, Paul Tudor Jones, often talks about how using stop loss is one of his key elements to success. Personally, I have adopted his strategy and also use tight stops which allows me to never have troubles sleeping. 

ActivTrades did a great job with this webinar. As you know they have a schedule packed with great titles in their webinar section, just click HERE to visit. 

In case you missed it you can watch it in the Archives section.