LIOC - Possible Trade....Stop Loss is a must

There were many trading opportunities on LIOC for many weeks now. You can follow the same price levels presently as well. But you must have the guts to stop loss, else YOU ARE NOT FIT TO TRADE. Better to put your money in a savings account or an FD. Stop loss is the no 1 condition.
Next understand the amount you are fit enough to loose on the trade. Is it 100/=, 1000/=, 10,000/= or 100,000/=. Then calculate the loss per share for your trade. Eg. in this trade if you buy at 31, and stop at 30, then you loose 1/=. If you are fit only to loose 1000 per trade and the price loss is 1/=, then the position size/number of shares per trade will be 1000/1=1000 shares.