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27729264 No.27729264 [Reply] [Original]

MFW
>Buy stock
>set a stop loss down 10% of your purchase price
>if it goes up = you win and set your stop loss higher(securing your profits)
>if it starts going down you loose only 10% or have some profit
>you watch the price
>if it starts going up again you repeat step one, earning even more than you would if you just hold
Correct me if i'm wrong anons. Is stock market really so easy?

Diamonds hands are fucking retarded idea. And i can't believe that i fell for something so dumb.

>> No.27729508

>>27729264
Get the fuck out Boomer. You're the type of person that somehow loses money with crypto despite the returns being 1000%.

>> No.27729789

>>27729264
>proceeds to get raped by volatility and bears that can *see* the fucking order books
pssh, nothing personnel kid.

>> No.27729800

>>27729508
i'm not talking about crypto anon.

>> No.27730081

>>27729800
Doesn't matter the market. You only lose money if you sell you retard

>> No.27730356

>>27729264
it's called a trailing stop-loss, refer to >>27729789
now can you please go back

>> No.27731036

>>27729789
>proceeds to get raped by volatility
what do you mean by this if the stock will go down to shitter i will save 90% of my initial investment if it will go up i will hop in again
> and bears that can *see* the fucking order books
yeach it's a possibility but....who cares? I as a retail investor won't make a big difference in the market.

>>27730356
thanks anon. Are there any disandvatages for that type of trading?

>> No.27731451

>>27729264
you are correct however i would like to add that you need to be investing in low volatility stuff for this to work out exactly as planned. shoot for 5% volatility or below and don't hold bags like these GME cucks.

>The reason why i mentioned that low volatility matters is because your stop losses will only execute during market hours. If your stock is even remotely likely to tank more than 10% overnight after trading hours then your stop loss wont execute at 10% it can execute at whatever the opening price is on the following day after it has dropped more than 10% so this strategy will not work with high volatile shit.

This strategy will however work with some of the major crypto's that aren't subject to massive selloffs.

>> No.27731939

>>27731451
thanks anon

>> No.27732923
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27732923

>>27731036
>what do you mean by this if the stock will go down to shitter i will save 90% of my initial investment if it will go up i will hop in again
>yeach it's a possibility but....who cares? I as a retail investor won't make a big difference in the market.

>> No.27733164

>>27729264
What if it dips 11% and spikes 20 right after? Are you never gonna take your eyes off the screen?