BLV 0.00% 1.6¢ blossomvale holdings ltd

stop/loss made me $$$-twice

  1. 95 Posts.
    Once at $1.40 and next @ $0.86.Stop /loss is a constantly , moving figure--as the SP goes up ,so does your profit sell figure--never confuse stop /loss with the buy price of your stock..It relates to the % profit (or loss) that applies at any given time.Set a buy price %%%% lower than your stop /loss. You will be surprised how many times you sell and buy back at a lower price.....Be careful tho, it can still bite!
 
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Currently unlisted public company.

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