Jeez Grant62 you must have time on your hands. To analyse a bizzare hypothetical like Nickoo's you have to be an analyst lol I think what this thread is missing is the point that Stop loss and Averaging down for me anyway is stock and market dependent. Most people on this thread giving examples of why stop loss is a must have quoted examples of spec stocks in a bear market. I wonder if the same question was asked back in 1998 how the thread would read.
Horses for courses I reckon, my exit strategy evolved over time to 'fit' market conditions.
In todays market I am rigorous with my stops BUT on some gold stocks over the last 8 mths or so I have averaged down and my stops are quite liberal and have not suffered at all.
