### Comment:
Okk....listen....that STILL isn't answering the question.  Clearly everyone knows what stoplimits are.  However, this isn't like option trading where there are defined max losses, correct?

### REPLY:
His answer to the question is that you determine your maximum loss by implementing a limit order. 
  
 Somewhere above he mentions that the broker would liquidate your postion at a certain point if you chose to let it ride and not implement any sort of limit order. 
  


### END.