Here s how to choose between options and stops and some ways of using both throughout the life of the trade.
Stops are essential, but they don t have to be orders to buy or sell stock or futures.
Here s how to go about it. Once you take a futures position either buying or selling, you should place a stop to get you out of the market if your analysis turns out to be wrong. 5 year subscription to Working Money. Free book selection. Limited time offer.