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Greg K

Question on Risk Stop Loss Level

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Hey everyone!  I'm new to swing trading and just learning the ropes.  I have a question about where to place our stop loss level.

How do we pick a stop loss level that will not get triggered as a result of a normal price fluctuation throughout a day?

I recently was practicing a "paper trade" where I identified a potential opportunity for a short.  It's headed in the right direction for me, but I think I placed my stop loss at too low of a price because it was triggered as a result of normal daily price fluctuation.  

How do you guys deal with this situation?

Thanks for your help!

Greg

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