Failing to set a stop loss is not the only way in which major losses can be incurred when day-trading. Trader333 discusses a number of potential hazards and what can be done to ensure that the risk of these occurring is significantly reduced.
An interview with an equities analyst giving a unique insight into the world of investment banking including market structure, hours worked, a typical day, seasonal influences and what is required to get into this industry.
This article discusses how position sizing can be used to optimize risk when trading. It includes a downloadable Excel spreadsheet as well as practical examples of how this can be used for different trading styles.