Stop Loss vs Options

Amber_0302 · Nov 18, 2020

Nicolem said:
For those who are active with day trading, stop loss should always be their choice. The instability of day trading is known by all and with your stop loss you can prevent getting indulged into a huge loss. It will help by stopping your loss after a specific value, so you always stay in the race and don’t lose more than you can afford.

I totally agree, stop loss can help you to prevent huge losses.

Turveyd · Nov 18, 2020

Amber_0302 said:
I totally agree, stop loss can help you to prevent huge losses.

Unless it's causing death by 1000nd cuts cause there too tight ofcourse, then can be worse than not having a SL at times

Amber_0302 · Nov 19, 2020

Turveyd said:
Unless it's causing death by 1000nd cuts cause there too tight ofcourse, then can be worse than not having a SL at times

Lol, you are right.