New traders especially should read the interview with Dave Landry that was just posted on the StockTickr blog. Dave covers a several topics that I'm always harping on covering with people. In fact, just yesterday a friend (a budding trader) came over and our entire discussion was about stop loss management, the importance of exits, position sizing and (not) micro-managing trades. Dave covers all of those topics and then some in the interview.
As you know, I often post a link to Dave's weekly swing trading webcast. If you want to go back and check them out the archive of my links is right here. I would think that his insight would be invaluable to new traders.
