But, if what you say is true, then it won't really be a stop loss but rather a 'create loss'.
Far be it from me to second guess your trading decisions but it can hardly be a good move to sell amidst such doom and gloom - surely one sells amidst euphoria if one must sell at all. The world is not about to end today and there will be future need for IO and future highs to the price cycle, no matter how unlikely that may seem at this moment....
Iron ore price, page-37301
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Last
$22.36 |
Change
-0.230(1.02%) |
Mkt cap ! $68.84B | |||
| Open | High | Low | Value | Volume |
| $22.46 | $22.63 | $22.34 | $108.3M | 4.768M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1690 | $22.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.37 | 13926 | 2 |
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| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |