Stops and targets should be defined by each individual based upon their style - most importantly DEFINE YOUR STYLE and your answer will come as a result.  PRTS was one of my original fundamental plays when the stock was trading around a $1.00.  Position traders were greatly rewarded following the management change.  Too many traders bounce around from idea to idea without having any PLAN in place.  That's like a team going into a game without any practice or plan and simply winging it on game day - end result is most will ultimately fail with that approach. 

    Stops and targets will vary greatly depending upon YOUR APPROACH which should be enacted PRIOR to trading.   Novice traders want to start with targets without any plan in place and as a result most will simply rely upon others and never become proficient.  

    Give a man a fish and you feed him for a day; teach a man to fish and you feed him for a lifetime.

    We are TRADERS not FORECASTERS - focus on what's in front of you first and foremost.  Forecasters don't put money to work like traders.  They want to tell you what's going to happen and more often then not are wrong. 


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