Hi Karooners,
I apologise to the Karoon true believers and long termers (I am also in this category).
However, I wanted to bring up the issue of stop losses. I bought in around $2.50 with a substantial amount of my budget and I am now enjoying the paper profit. I also believe that Karoon could be a $10+ stock however I would be disapointed to see a drop below $7 without being able to sell some of my securities.
My question is... Has anyone setup stop losses for Karoon?
If so, at what price did you buy and what is your stop loss now?
I would like to provide myself with a reasonable buffer, I was thinking maybe $6.90 for a conditional falling stop trigger. I realise Golf had a stop loss recently and now regrets it. I think this can be the hardest part of trading, especially for a newbie like myself.
Look forward to any comments, suggestions or lashings!
Cheers,
Cashy
stop loss
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Last
$1.78 |
Change
-0.020(1.11%) |
Mkt cap ! $1.426B | |||
| Open | High | Low | Value | Volume |
| $1.79 | $1.80 | $1.76 | $7.106M | 4.003M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 15683 | $1.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.78 | 25444 | 2 |
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| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| KAR (ASX) Chart |