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re: Set your Stop Loss on GME. It's your only hope of selling
Posted on 1/29/21 at 5:45 pm to Chuckiee
Posted on 1/29/21 at 5:45 pm to Chuckiee
quote:
So you think it crashes Monday? Do you have any GME?
I did not say it crashes monday. I am simply telling you facts.
You saw what happened all this week and has fast it moved. Sometimes in 20 dollar spikes one way or the other.
You will not be fast enough to manually set the sell and click ok... WHEN EVER that happens.
Setting a stop loss does NOT mean it will ever reach it and sell it. It simply you telling your broker that if it drops to this price... sell it.
4
Posted on 1/29/21 at 5:53 pm to Jjdoc
Fidelity will only let me set a sell limit at 50% above the current price. That's like $500. Lol, I want a $2000 sell limit.
Posted on 1/29/21 at 5:57 pm to Jjdoc
quote:
simply you telling your broker that if it drops to this price or below
Helping for future education
Posted on 1/29/21 at 6:02 pm to Jjdoc
None of these user-based platforms allow for split second sell orders, even with a stop-loss order.
Posted on 1/29/21 at 6:23 pm to Jjdoc
quote:
It simply you telling your broker that if it drops to this price... sell it.
Not even close, waterhead
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