Hi Hush,Good question. I think even though you can be bullish on...

Hi Hush,
Good question. I think even though you can be bullish on a stock, it should be possible to still follow through on a stop loss if you get in at the wrong point in time. For example, if I got in on AGY at 27c, then saw it sink to 22c I could enact my stop loss, sell my holding then continue to rigorously monitor the stock for stabilisation of prices - potentially reinvesting at 13c once charts had given me some confidence that further falls aren't occurring at the moment. Just because I sold doesn't mean I don't think the company doesn't have a great future ahead - I'm just getting out while I believe the SP is in a period of dropping. This advice is more applicable for stocks where there is a clear development procedure that is being followed.

These examples are all great in retrospect btw - nobody knows what will happen tomorrow. But with research you can identify if a major milestone is still months off. In retrospect with ELX, I should have enacted a stop loss for 36c, then kept watching the stock like a hawk for when it was time to accrue again.  I hope that's of some use - in all honesty this stop loss advice would burn a holder if a magical press release is dropped that catapults the share price in a day.