BBN Trading Academy
The Stop-Loss Is a Feeling
- The stop-loss is a state of mind
- If it hurts, look away
- Losses are unrealized until you look
Today's demo: JPM -1.4%
From the lecture

Prof. KenjiWelcome back to Bagholder University, where the tuition is nonrefundable and so are your losses. I'm Professor Kenji.

Prof. KenjiThis is Lesson 2: The Stop-Loss Is a Feeling.

ChipProfessor, I'm thrilled to be here. It feels like a county fair, but with more crying. What's rule one?

Prof. KenjiRule one. The stop-loss is a state of mind.
Not accredited, not advice, and not a good idea.
Professor Kenji Moonfield
Chip Darnell