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Stop lost at 50% plus

Question for you: I am up with some positions including $NVDA (-1.45%) and other popular stocks. I am now considering setting a stop loss at 50% plus as a hedge. I still have about 10 years until retirement. Your opinions?

16 Comments

Stonksonlygoup@SOGO

Just let it run

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Charmin@Charmin

10 years?

Just leave it there. You don't need an S/L with the horizon.

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Nom@user28461

Dip = Buy more

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Chris@Multibagger

How much are you above the 50% and does your broker offer a training stop loss?

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AkeOSelman@AkeOSelman

@Multibagger I am 60% up, so in the worst case I would fall back to 110% stake.

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Chris@Multibagger

@AkeOSelman then I would work with a trailing SL limit if possible.

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BeachPlease@BeachPlease

You should ALWAYS set a stop loss of some kind. So yes, do that and if it's not trailing, then always tighten it 😉

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AkeOSelman@AkeOSelman

@BeachPlease I didn't know about trailing before. I'll have to read up on it. Thank you

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BeachPlease@BeachPlease

@AkeOSelman Finance Zero has this feature, the stop loss follows automatically

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Stonksonlygoup@SOGO

@BeachPlease I don't think so, a stop loss can also end badly if you get something wrong.

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BeachPlease@BeachPlease

@SOGO I'm missing the context here - how can profit-taking end badly? Do you mean the bounce back?

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Romano81@Spare-Froh

@SOGO That's what happened to me about 2 years ago with Microsoft.
The stop loss was triggered at 3 euros.
Since then, Microsoft has made a return of around 150%.
Similar with Crowdstrike.
So I no longer set a stop loss on top stocks that I want to hold for the long term.

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Stonksonlygoup@SOGO

@BeachPlease no, if you do not buy the share for trading reasons, but buy and hold, if the stop loss is then torn and the sale is executed, but the share then recovers massively, this is extremely annoying.

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Stonksonlygoup@SOGO

@Spare-Froh Yes, that's exactly what I mean. When it comes to trades, yes, a good setup is the be-all and end-all, but with buy and hold I wouldn't necessarily always set a stop loss

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BeachPlease@BeachPlease

@Spare-Froh Buy and hold means that you also want to tolerate larger price fluctuations, so you can set the stop loss wider. And tighter for trades. But without a safety net...puuuh 🫣

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D.S.@Cato_Bamboo

Always a good decision, take profits! That has never hurt........💵

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