facebookJust curious- do all of you practice defensive selling? - Seedly

Anonymous

18 Apr 2019

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Just curious- do all of you practice defensive selling?

Aka setting stop loss as soon as you take up a position. If so, what range do you usually set it?

Discussion (1)

What are your thoughts?

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For me it varies. I would set it based on how risky this investment is and volatile this stock has been performing.

If I am going long on a stock I believe fundamentally in the long term horizon of 5 years, I probably would not set a stop loss. I would set notifications if the stock falls below 5% and probably look to increase my holdings further.

For higher risk investments like options trading or short term plays, I would typically set a stop loss of about 6-8%.

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