A series of interesting blog articles

I was reading Trader Mike's blog and found some interesting articles I wanted to reference regarding his trials and tribulations.

Of particular interest to me was his stop loss deliberations; similar to the ones I am having.

Pulling stops = big losses

I had 18 trades that were 1.3 or larger losers for a total of -38.31 R. On 10 of those I pulled my stop.

The seven biggest losers all got so large because I pulled my stop.

I gave away about 16 R just b/c I couldn’t take the small loss and pulled my stop.

I guess the message he's trying to give us is DO NOT REMOVE STOPS.

A very good article on Position Sizing and another one on Expectancy. I will grab some quotes from them when I get a chance later.