I think that’s something that’s happened to everyone, especially when they’re just starting out. It’s just like in real life—we’re all just human and we all make mistakes. If you really want to protect yourself on the downside, try using a dynamic percentage trailing stop-loss. You set it once—for example, 20% below your purchase price—and it automatically moves higher as the price rises.
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@Raketentoni That's a good idea with the trailing stop-loss 👍 Unfortunately, as far as I know, Trade Republic doesn't currently offer that. Otherwise, it would be really interesting for certain positions.
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•@RobHood10 There are reasons why NeoBroker is sometimes so cheap 🤷 Otherwise, just check every evening and, whenever there's a new daily closing high, manually adjust the stop-loss.
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@Raketentoni It would be a dream come true if SLs were possible. I need approval before every trade 🙈
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