 Stop losses at your
own risk tolerance. That was just an example, I did mention (Of course, you can use it at your own risk tolerance level). Shorter stops you will losses less money. The market goes up and down. So you want to minimize your losses and let your winners run. Stop losses prevent you from losing all your money. You are not going to to be right on every stock. Even if you are wrong half the time. Stop losses prevent you from losing big, and, you can give it another try. You can also learn what you did wrong. That will make you a better trader. I agree with just invest for money, you really are ready to lose.
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