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Co-Wise: moomoo tutorial contest part 3 "How do you set the stop loss point / profit target?" had closed up perfectly. Thanks for all your participation.
Here comes the reward for your hard work: 10 extraordinary mooers will get a stock, outstanding posts will be rewarded with 888 points, and other posts with a minimum of 30 words will be rewarded with 88 points.
Part Ⅰ: Read and learn from the mentors
Congratulations to all the winners! Now, let’s get to their quality posts. The selected excerpts are the core ideas of loss-stopping and profit-taking. Don't forget to click the title and read the full content to learn more. 
1. @cowabanga  Stop loss/profit target
It depends on which school of thoughts you choose. The market is driven by demand and supply, and the stronger force will win. The meaning of having a stop-loss is to avoid the falling knife and prevent a greater loss in our position by taking a small loss hence it wouldn't be sensible to take another position below the stop loss.
2. @nigedernigeder  Confidence, optimism and critical evaluation on your portfolio
Super investor's secret recipe is optimism, confidence, and critical thinking spirit. If you are seeking excitement in investment, better go genting liao lo; quoting Paul Samuel here: investing should be more like watching paint dry or grass grow, if you want excitement, take 800 and go to Las Vegas.
3. @Powerhouse  Stop the pain, take the happiness
For micro, there is a need to determine your present financial risk appetite figuratively. On the macro level, situations may have changed. There is a need to react to stop loss or take profit. Nevertheless, determining when is the most precise time to stop loss or take profit of a stock and milk the most out of it is extremely difficult.
4. @treydongui  The School of Hard Knocks
After studying the futures and margin markets a while, I've learned that openly giving up your stop loss and take profit position might not always be a good idea! I prefer to use a a trailing stop loss when in profits (I would usually prefer to take some profit before doing this).
5. @NANA123  Engrave the stop loss into your DNA
Almost all losses are related to two points: "not seeing the trend and not holding the position." I think traders should write down the losses, analyze where they went wrong, and categorize them, then never go to that place.
6. @Qwinbie  How do you set the stop loss point / profit target?
Main activities I do are to read financial statements, study the ratios, see the cashflow, and see the past years performance. Try not to spend the day worrying about the “point” and the “target”. Stop Loss Point and Profit Target strategy is more for the speculators, who has a short time frame and expect to beat the market in shorter time frame. 
7. @Syuee  Win the War, Not the Battle
The Stop Loss and Profit Target is extremely easy as long as you have significant self-control. The only reason to not stop is purely driven by emotions. Knowing when to cut your losses literally means overriding the irrational part of your brain.
8. @Moolin  Disregard the “what if” and focus on target prices
Setting a stop loss price helps us make a decision that is not influenced by our emotions triggered by the price movement. A good rule of thumb is to let go once the stock price has dipped more than 10% below your purchase price.
9. @战神鑫爷  How do your set the stop lost point / profit target?
The pictures below show how we can use the App to do a stop loss setting. Failure is the opportunity to begin again more intelligently. If you are in a hole, stop digging.
10. @GT1982  When to exit from a position
Generally speaking, stop loss and position sizing are inter related. If I may add, try to limit the stop loss to maximum 1% of the portfolio size. It also depends on the trend.
*You will receive your rewards within 10 working days.
Part Ⅱ: Voting for “Mentor Moo” Title
Now, we want to invite you to vote for your favorite mooers who wrote for the theme. The selection rules will take into account the following factors：
1. logical and practical content 
2. typesetting and pictures 
3. interaction with other mooers  
The one who gets the most votes at the end of the poll will win the "mentor moo" title. What a crowning honor! Let’s review their wonderful posts.
@cowabanga    Stop loss / profit target
@Powerhouse  Stop the pain, take the happiness
@Syuee    Win the War, Not the Battle
@Moolin   Disregard the “what if” and focus on target prices
@Qwinbie   How do you set the stop loss point / profit target ?
Please support your favorite contestant, your vote means a lot to him/her. Your encouragement and appreciation are great motivation for him/her to share in the Community. Tell us how his/her points influence you on loss-stopping/profit-taking and what you gained from this topic in the comments section.
In three days, we will have our new “Mentor Moo”. Let’s see who will get the support of the majority and gain the glory. If you want to be honored too, participate in the next topic! Looking forward to your thoughts.
After reading these topflight posts, you may feel fulfilling and want to view more, please click on the topic again: How do you set the stop loss point / profit target? Share your thoughts and join the discussion. Don't forget to leave your comment and tell mooers about what you have learned. They will be happy to get your feedback! 
*We found some people write their posts by copying recently. Plagiarism or cheating is not acceptable on moomoo in any kind of community activity. Please "Report" the post if you see any. Once confirmed, the user committed shall be disqualified from the activity.

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