Science of Setting Stops
Summary
Risk management is crucial for every trader and investor, and part of a good risk management plan is to know when and how to exit a position. Stop orders may help traders and investors implement a disciplined exit strategy. This session will discuss various stop order types along with supporting technical indicators.
Speaker
Senior Strategist, Investor Education, E*TRADE from Morgan Stanley
Rick Swope is a Senior Strategist of Investor Education with E*TRADE from Morgan Stanley. As a veteran in the industry, Rick has presented at hundreds of seminars across the U.S. and around the world. His expertise covers technical analysis, market strategy, and risk management. He has extensive media experience, including a regional PBS weekly show, a national PBS pledge program, and numerous radio and television appearances. He is the principal author of the Amazon best seller, Five Points for Trading Success (Wiley, 2007) and co-author of Trading By Numbers (Wiley, 2012). Rick’s teaching includes corporate training as well as six years as an adjunct engineering instructor. He studied in the disciplines of engineering, mathematics, operations research, and statistics. He is married with two children and resides in Atlanta, GA. Rick holds FINRA Series 7, 24, and 63 licenses.