Stop losses on stocks that trade quickly don't wor
Post# of 36537
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Posted On: 06/30/2020 3:29:39 PM
Stop losses on stocks that trade quickly don't work. My point was that if you rec'd an alert, you would go and see what was happening, and NOT sell knowing it was abnormal movement, which usually does not last more than a few hours to few days. However a stop loss sells you at Market when the loss is triggered and you could drop another dollar or more in that time. Meanwhile right after that happens the stock bounces back up.
The only way I use stops is if I use a trailing stop loss. This want it keeps going up with the stock and if it gets triggered, it is probably in the beginning of a move down so you don't get steamrolled lower on the stampede.
The only way I use stops is if I use a trailing stop loss. This want it keeps going up with the stock and if it gets triggered, it is probably in the beginning of a move down so you don't get steamrolled lower on the stampede.
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(0)Generex Biotechnology Corp. (GNBTQ) Stock Research Links
Disclaimer: Of course, all of this is my opinion and you should not make any investment decisions based on my opinion. I have not received any non-public information.
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