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

Posted on 1/28/21 at 10:53 am to
Posted by gatorsimz
cafe risque
Member since Feb 2009
8147 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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