InvestorsHub Logo
icon url

JohnCM

12/31/14 9:39 AM

#15986 RE: _19 #15981

One thing that helps me is to put place a sell order in place after acquiring a stock.

Either a trailing stop with percentage if stock is moving higher or

a stop loss limit to the downside. That way I take my emotions out of the picture and it is automatically set.

I try to do that with marginable securities. If I can set a stop loss limit at 10-15 percent, then I am way ahead of the game in lieu of riding a falling stock all the way down.