$Futu Holdings Ltd (FUTU.US)$ Brothers, remember to set your...
$Futu Holdings Ltd (FUTU.US)$ Brothers, remember to set a stop-loss point, don't be impulsive, protect your wallet while being optimistic.![]()
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About the stop-loss price. For example, if I bought at 55 and it has now risen to 122, but I don't want to be forced out due to setting the stop-loss too high (because of high volatility), so my stop-loss point may be set at 105. This way, even if I have to exit, most of the profit is retained, and there is still a certain margin of error to continue being optimistic.
Following the same logic, if it rises to 130, I will set the stop-loss at 115. If you feel sad about this small stop-loss price difference, then just sell it directly.![]()
Either take profits and exit or sell out for a loss.
Either set a stop-loss or go long.
There are no guarantees in the stock market, selling at the peak is mostly luck. If you could predict the highest point to sell out every time, would you still be short of money?
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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SWEJNC : mind to share how to do this? I just want to make sure I am doing it the right way like all the rest of you next time.
Shwong : May I know how to set stop loss in moomoo?
Babyfish SWEJNC : 我也想知道
萬軍無兵策天鳳 OP : Everyone look at the screenshot, stop limit and stop are settings for stop loss. Let me explain briefly: stop loss means that when the price reaches the price you set, it will automatically sell. The difference between stop limit and stop is that one allows you to set a specific price to sell, for example, sell at 119 when it reaches 120 (but if the market price is below 189, you cannot sell, it's a fixed price). On the other hand, stop means that when it reaches 120, it will directly close the position (the selling price will be whatever the market price is, it could be 120, or it could be 118, depending on how fast it is dropping). Please take a look at its explanation yourself.
萬軍無兵策天鳳 OP SWEJNC : 请查看下面的信息
萬軍無兵策天鳳 OP Shwong : 请查看下面的信息
萬軍無兵策天鳳 OP Babyfish : Please check the information below.
Shwong 萬軍無兵策天鳳 OP : Thanks for your help