LogFAQs > #943540200

LurkerFAQs, Active DB, DB1, DB2, DB3, DB4, DB5, DB6, Database 7 ( 07.18.2020-02.18.2021 ), DB8, DB9, DB10, DB11, DB12, Clear
Topic List
Page List: 1
TopicStock Topic 10
red sox 777
08/18/20 5:02:01 PM
#18:


Nanis23 posted...
This makes me thinking
Is anyone here swing trading (or short time investing) REAL stocks?
I mean, real companies and not flavors of the month. Not necessarly the top companies (Apple, Microsoft, Amazon, Tesla) but not penny stocks or high volatility stocks

If you do - do you set a stop loss every time in case the worst happens? like I don't know another 9/11 or whatever disaster can come or suddenly the CEO of the company dies or who knows what
Because I fucking went to sleep. At worse it would be a bad trade day and will finish at -3% or -4% or something
I did not expect..those news

A lot of people here are investing in big companies, and usually, you've got to be willing to hold for a substantial amount of time to expect any return on your investment. Also, a stop loss will not protect from a major disaster like that. The stock will gap down and your stop loss gets triggered far below the price at which you set it. That's exactly why stocks usually go up - because they are risky! No risk, no reward.

---
September 1, 2003; November 4, 2007; September 2, 2013
Congratulations to DP Oblivion in the Guru Contest!
... Copied to Clipboard!
Topic List
Page List: 1