How do I set the stop loss point and profit target?
For me, i will set the stop loss point for the hopeless stocks only. For example, the company’s management becomes incapable or the company becomes insolvent. I will set the stop loss point if the stock price reduces by 50% or more.
I will also set the profit target if stock price increases by 100% or more. At the profit target, I will sell half of the stocks to take back my capital and maintain the remaining half of the stocks as long as the company and management are capable.
Disclaimer: The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
I will also set the profit target if stock price increases by 100% or more. At the profit target, I will sell half of the stocks to take back my capital and maintain the remaining half of the stocks as long as the company and management are capable.
Disclaimer: The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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