Never set stop loss’s on trades? Big mistakes. You aren’t always watching at your desk, and you don’t always want to close a position if just to leave trading desk? What’s a beginner to do? Set STOP LOSS. But how do you determine value that doesn’t always get stopped out? Here are the following ways to research

Moving Averages: These indicators can help identify key levels of support and resistance, and traders can set stop-losses just below or above these levels. I like to use a SMA(20). This is a simple moving average 20 day frequency .

Bollinger Bands: These indicators can help identify when a security is overbought or oversold, and traders can set stop-losses just outside of these levels.

Fibonacci retracement: These indicators can help identify key levels of support and resistance, and traders can set stop-losses just below or above these levels.

Parabolic SAR: This indicator is designed to identify trend changes and traders can set stop loss just beyond the level where the parabolic SAR dots flip.

Average True Range (ATR): This indicator measures volatility and can help traders set stop loss levels that are proportionate to the volatility of the security they are trading.

Volatility indicators like Keltner Channels, Donchian channels, etc.