Smita Sadana is an experienced full-time trader who has been managing her personal seven-figure trading portfolio with success for many years. After initially "paying her dues" with a 20% drawdown her first year trading, she has managed to find a comfortable trading methodology for herself. Her modest goal of simply beating the S&P by double digits each year has kept her disciplined and steady even during volatile market conditions. Here we talk about her ups and downs as a trader and her way of setting stop losses that is quite different from how most traders calculate the level.