Thread: Money Investing megathread extravaganza
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Old 12-21-2017, 03:45 PM   #1533
Hog's Gone Fishin Hog's Gone Fishin is offline
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Join Date: Nov 2001
Casino cash: $1550477
Quote:
Originally Posted by MahiMike View Post
For some reason I'm thinking we're at the top for stocks. Good time to put in stop losses.
I use stop losses nearly every day on certain stocks. Especially some of the highly speculative ones where you expect a 20% run up but may get a 20% drop. I'll buy the stock and then just go ahead and set up a stop loss.

And then a stock like X which is up over 50% for the year and reaching a level that could begin to decline. I think when it hits $40 I will put a daily stop loss just in case. It costs nothing to do it anyway.

BTW , scho63 , I use ETRADE so I can't help with your Q's
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