Quote:
Originally Posted by lewdog
How do you determine placing a Stop Loss order when entering a position? I would assume you don't do it for every investment.
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I'm the wrong person to ask. I just realize I can afford to lose whatever percent on whatever investment so the more volatile the stock, I'm more prone to up the Trailing Stop Loss %age so I don't miss swings. I know I'm not going to watch it daily so I usually put trailing stop/limit orders on stocks I can.