Deleted User
2Yr
Comment was deleted
@FrankMustermann depends on the current market value. If you are already in profit, then don't let it be taken away from you - i.e. set the stop so that you still go out with a profit. How much you are willing to give away, you have to decide. Here the chart can be a help, look for support - look at several time periods (1/3/5 years). Pull back the stop in any case. If you are already in the loss, then you must also decide for yourself how much loss you still want to risk. Here, too, the chart can help you. Is there currently a strong trend? Just don't let individual stocks ruin your entire performance. I have 2 such cases in my portfolio, don't ask me what got me into this? Sometimes you do something even though you know it's wrong - but you still don't act - which brings us back to the discipline of 🤷🏽♂️.
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