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re: What stop-limit do ya'll typically use?
Posted on 4/9/15 at 2:29 pm to bayoubengals88
Posted on 4/9/15 at 2:29 pm to bayoubengals88
Let's assume I want to buy $1000 of Twitter stock. The future of this company is not entirely sound at this point because while they are popular and growing on the stock market, they have high operating expenses and have never posted a profit.
It's trading around $52 right now. What is a good stop limit for the sale of this? Applying bayoubengals88's sell at 30% gains or 20% loss - I would set the stop limit to sell off a loss at $41.60. Does this seem reasonable?
It's trading around $52 right now. What is a good stop limit for the sale of this? Applying bayoubengals88's sell at 30% gains or 20% loss - I would set the stop limit to sell off a loss at $41.60. Does this seem reasonable?
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