Josh Rozin's avatar
@joshOctober 26
Stop losses have not only helped me with my returns but they have helped me with my mental health.

While a losing position getting stopped out sucks, I get an incredible amount of relief knowing that (maybe not to my own choice) I stuck to my original plan. A stop loss is far better than the alternative, continuing a losing position.
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sam stribling's avatar
So you are telling me that it’s not ideal to get trapped in some long dated calls down 70%? Hold the freaking phone 😂

Yep - SL’s are becoming a new tool in my tool box for sure
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Josh Rozin's avatar
@joshOctober 26
Author
@strib LOL this one cuts deep for me 😭
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sam stribling's avatar
At least they are leaps! I’m gonna cut them as soon as I can but boy do I wish I went in with a stop loss!
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Michael Panebianco's avatar
"I’m gonna cut them as soon as I can"

Market's still open ;)
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sam stribling's avatar
@tecantra I’m gonna give it at least a week for earnings! If it goes down.. it’s still down. If it goes up I’ll recoup some losses! I got a plan don’t you worry!
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Sidni Standard's avatar
@tecantra @strib
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Michael Panebianco's avatar
I should do a seminar on Stop Losses.
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Miquel's avatar
Preach!
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Aeric John's avatar
Trailing stop loss?
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Josh Rozin's avatar
@joshOctober 27
Author
Yep!
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.Yegor's avatar
I’m guessing this is towards trading and not investing? 🤔
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Josh Rozin's avatar
@joshOctober 27
Author
Kinda, on ~1y positions but also I have stop losses on my entire portfolio too :)
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