setting stop losses

  1. 14,914 Posts.
    How do you set your stop losses?

    Im with Commsec, so would I just buy a stock at say 30.00 and then put a sell order in for 28.50 or whatever i wanted the stop loss to be? Is this how you guys usually do it? With Commsec its good for about 20 days.

    How do you guys execute your stop losses?

    Thanks
 
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