Thread: Money Investing megathread extravaganza
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Old 02-13-2018, 09:15 PM   #1759
Hog's Gone Fishin Hog's Gone Fishin is offline
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Join Date: Nov 2001
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Quote:
Originally Posted by Cornstock View Post
Or if you have a true long term play, whether to use one at all. Like we talked about before, if you sell you're turning a paper loss to a realized loss, and potentially miss out on the recovery.

There has been a lot of talk in the past week about how the broad use of these by the casual investor and metrics based algorithms actually contributed to the decline by making the selloff a self fulfilling prophecy.

Ultimately comes down to whether you anticipate a continued and prolonged drop below previous levels, or if you (as I do) foresee a somewhat expedient recovery.
Yep, i've made a couple mistakes using stop loss by setting it too tight and regretting it. But thats not what Lew is asking. I think he wants to know in what circumstance you would use the limit stop loss vrs a stop loss .
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