$VBI Vaccines (VBIV.US)$ SL saved my ass [Sweat]
$VBI Vaccines (VBIV.US)$ SL saved my ass ![]()
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$AGRI 3x
$KTRA 3x
$MLGO 4x
$INM 3x
$GOVX 2x
$NDRA 1x
$CMND 1.5x
$SVMH 1.1x
Any posts, NFA
Shill me, I pump
LONG ONLY
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Rafey Jan : what's SL ?
FattyChick OP Rafey Jan : Stop-Loss
Arrayfunction Rafey Jan : Just a bit more detail for folks who might be confused about that like I was (had a hard time with Moomoo's explanation).
It's a "set it and forget it" type backup plan. You pick a % or dollar amount that is the amount a share price can go down before you want to cut your losses. Once the market prices drops below that, Moomoo automatically sells the shares (or puts a limit order in if you choose that)
In this case, it spared FattyChick from losing more than that cut-off threshold after the company announced they were entering bankruptcy!
包小姐老公的养老金 : can it be a permanent thing or is it necessary to set it everyday?
FattyChick OP 包小姐老公的养老金 : Depends on what kind of stocks you bought.
Normally I set SL for penny stocks.
For 100-300m mcap stocks, I don’t really set SL. I just set alerts.