well it doesnt matter really. always set stop loss for profit or...

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  1. 5,012 Posts.
    well it doesnt matter really.
    always set stop loss for profit or to prevent further lost.
    but if you believe in the company, then put stop loss in lower price.
    never take out stop lost even if you believe in the company, i got my profit cut because i was too confident in KNL 3 weeks ago and from profit. got a good news and i took out the stop loss. I should have had 100% profit and just to take it at 30%. and now it sits around the level i enter.

    so lesson is, always use stop loss.
 
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