At the panel I moderated today in Paris Peter Borish put the concept of a stop loss into terms everyone can grasp. He called it a “prenuptial” with the market.
You have to know your downside, his simple but crucial point.
More on Peter can be found on my podcast and in my film.

Learn the rules behind trend following, and the systems to apply them.
See the coursesMore from Michael Covel: Books · Podcast · Trend Following course