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re: This situation has educated thousands on how the stock market works

Posted on 1/27/21 at 11:03 pm to
Posted by flyAU
Scottsdale
Member since Dec 2010
24855 posts
Posted on 1/27/21 at 11:03 pm to
Sell Stop loss would be the way to protect yourself. There are smarter people in here so they may have better advice
Posted by jimjackandjose
Member since Jun 2011
6498 posts
Posted on 1/27/21 at 11:15 pm to
Stop losses didnt execute today when platforms went down
Posted by gatorsimz
cafe risque
Member since Feb 2009
8135 posts
Posted on 1/28/21 at 10:53 am to
quote:

Sell Stop loss would be the way to protect yourself.


The only issue with stops is when there is such large movement afterhours and during trading halts. The order turns into a market order which leaves you no protection during these periods. You could use a stop limit order just to add a bit of protection; a way to put a sell limit below the market price.
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