Q: Hi,
I am new to your website and service but find it great so far. I have not seen any discussion of stop loss orders. I use them on occasion to protect profits and cut losses, but sometimes with misgivings. Sometimes they save me money from a deteriorating position that I might otherwise be ambivalent about selling. Sometimes I just get stopped out and have to buy back higher. I am always trimming and adding and hence may be viewed more of a trader than a long-term investor, but that is my style. C'est la vie! Anyway, do you use stop losses in your portfolio management or do they not fit your approach to the market?
thanks
dave
I am new to your website and service but find it great so far. I have not seen any discussion of stop loss orders. I use them on occasion to protect profits and cut losses, but sometimes with misgivings. Sometimes they save me money from a deteriorating position that I might otherwise be ambivalent about selling. Sometimes I just get stopped out and have to buy back higher. I am always trimming and adding and hence may be viewed more of a trader than a long-term investor, but that is my style. C'est la vie! Anyway, do you use stop losses in your portfolio management or do they not fit your approach to the market?
thanks
dave
