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/biz/ - Business & Finance

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1216238 No.1216238 [Reply] [Original]

What would happen if I placed a stop loss?

>> No.1216250

Stop loss of -50. Limit of 5. Thank me later.

>> No.1216253

there would be a huge red candle followed by an instant recovery and you would lose a lot of money

>> No.1216371

according to biz stop losses dont work. because everyone on biz wears tinfoil hats and thinks the nyse works on pixie dust and malevolent sorcery

>> No.1216775

I'd guess that your losses would be stopped.

>> No.1216835

Your stop would convert into a market order when hit

Its like magic, man

>> No.1216859

>>1216835
>not having limit stop losses
It's like you don't want to control your own money

>> No.1216869

>>1216859

But all stops are limit orders anon

>> No.1216871

It would be extremely painful

>> No.1216874
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1216874

Depends what you are trading. Indecies and stocks, you flip a leverage of your choose 10-20 and there is your stop right there.