Learn to trade stock successfully.

Learn to profit consistently.

I'm Ryan Mallory and on my weekly podcast, I'm going to teach you the ends and outs of a complex, ever-changing stock market.

You will learn to trade better, trade smarter,

and profit bigger. Now, let's go trade. Hey everybody. This is Ryan Mallory, doing another podcast episode with you today. And the subject that I'm going to tackle is going to be about using stop loss

orders and increasing your profits as a result. So how do you stop loss orders? Well, the first

thing is, is you always use a stop loss order on your trades. If there's ever been one aspect

that I have beaten into the hearts of traders

who have graced my website over the years and that I have had the pleasure of, you know,

working with, mentoring, coaching, it is to put it in their minds that you have to use a stop

loss order on every single trade that they take. They will keep you in the trading game.

They will keep your losses and you're losing trades within reason,

assuming you aren't trading penny stocks,

and which a stop loss order won't do you anything.

And it's going to help you to consistently profit at a high rate.

When it comes to trading tools, stop loss orders are probably the most important trading aspect of making sure you do not blow out your account.

You are using this order type to make sure that if the market decides to sell off and take all your positions down with it, that you

aren't holding on until it feels emotionally acceptable to sell. Instead, you have already

drawn the line in the sand so that you know where to get out at instead of relying on your

emotions to determine that. By using stop loss orders, you are also making a very important aspect

of trading, a very mechanical one, and leaving your whims of emotions that face traders daily

from getting out of hand. So use stop loss orders. Know before you even get into a trade

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