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advice onstop loss!     

cashcaptain - 10 Sep 2004 16:35

can anyone advise me on stop losses. for example, if i buy at 1.00 and it goes to 1.40 , then what stop loss would i place?????????

Harlosh - 13 Sep 2004 12:47 - 5 of 5

Assuming you think there is still more to come from a 40% increase then 20% of 1.40 is 28p so your stop loss should be set at 1.12. Use trailing stops thereafter.
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