Ann: Hardman & Co Research Report, page-34

As my esteemed learned collegue @madmacs drilled into my (subliminally), there's nothing stopping you putting in a stop loss conditional sell @ a designated price.

For example, you might think there's strong support at 10c from close to a year ago. So if you put in a stop loss at 9.9c, your (likely) maximum loss is going to be 16c - 10c = $36K. Never be afraid to bail if things turn to sh|t.

If you don't like the idea of losing that much, put in a conditional sell at a higher amount.

Automatic sells take the emotion out of trading, something I've learnt the hard way over the years (but am now better off for it).