Thread: Swing Trading Stops

So, if you trade a swing (up) long "hoping" for rise in the market... and, well, it doesn't... At what point do you cut your losses and move on to another trade.

In specific stock trades, I see people set their buy in price, their stop price, and their target price.

If your target hasn't been, or never will be, met; how do you set your stop price? (which of course should have been done before you even put the order to buy)

Looking for ideas for the future since I am currently enjoying a lovely blood bath in this down (almost >10%, almost bear) market.

Thanks !!