Decide How Tightly To Set Your Stop Loss Order

by David Jenyns on February 7, 2006

Decide How Tightly To Set Your Stop Loss Order
The most important question about setting your stop loss order is how tightly you should set them – how close to the price where you entered the position or, for a trailing stop loss order, how close to the current price. This is a general decision you’ll make before you figure out exactly what price will be your stop trigger.

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