Everything you do on the sharemarket involves a risk assessment (at least is should!).
If you don't use a stop loss you risk losing capital.
If you do use a stop loss you risk being the victim of deliberate triggering of stops by predators (has happened to me twice).
On balance, for me, I don't have a stop in place for PRR as I believe the risk of being stopped out and missing a surge upwards (as described by Awesome) outweighs the risk of a catastrophic and permanent drop in SP (at the current time at least).
Although my capital would be protected by a stop of just below 9c anyway ;)
My posts are highly opinionated - DYOR and risk/benefit analysis
Everything you do on the sharemarket involves a risk assessment...
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Last
29.0¢ |
Change
-0.005(1.69%) |
Mkt cap ! $421.2M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 29.5¢ | 28.5¢ | $738.8K | 2.546M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 75952 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 192050 | 5 |
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| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| IMM (ASX) Chart |