Any trader worth his salt knows position management is everything, and managing stops is the holy grail of position management. In this article WSC author Ryan Sanden provides a brief introduction to some simple and easy to follow techniques that will work in just about any market.
In using these techniques traders will find not only a way to significantly reduce the risk of losses, but also an effective way to maximize profits.
Enjoy and let us know what you think!
http://www.wallstreetcrypto.net/2014/02/position-management-trailing-stops.html
