Interested to hear opinions on using stop losses. Have started...

  1. 146 Posts.
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    Interested to hear opinions on using stop losses.

    Have started using stop losses recently and have had very little (no) success.

    I've been setting my stops materially below significant support levels. On 3 occasions in the last 5 trading days, huge sells have come through, broken support levels, hit my stops, and then promptly bounced back up above support.

    I'm feeling like stops are not something I want to be using going forward.
 
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