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Strategies & Market Trends : You buy a stock. It goes down, now what? -- Ignore unavailable to you. Want to Upgrade?


To: Investor2 who wrote (4)7/7/1998 1:46:00 PM
From: Bald Eagle  Read Replies (1) | Respond to of 112
 
<<What percent drop did you use to set your stop loss?>>
Usually about 10 to 15% below the buy price, then I would adjust accordingly if the price went up.
I don't use them at all now.