#TradingTools101 cut losses, take profits

Cutting losses is my favorite future order; just buy with leverage, let the market move in the direction you think it will go, then set a stop loss at the level where you break even or at the designated profit level while you do other things. No need to stare at the chart 24/7.

If it continues to rise, you will keep winning; if it falls, you will lose little or no money.

Don't get liquidated!