Skip to main content

I would like to discuss a bit on setting stop loss order and limited sell order. From my experience, market makers like to hunt for stop loss orders.  They can artificially drive the price low enough to get your stop loss order and steal your position at a discounted rate. A better approach is to set limited sell order way out to maximize your profit, in case it spikes and reach a new high that day you can always buy it back at a lower price. For any positions you believe they are in fair value and planned to hold it for long term should not set stop loss order.