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No. of Recommendations: 11
As a long term holding value investor I never use stop loss orders.

Very sage advice.
This is the reason: when your price is triggered, it becomes a market order.
You have agreed contractually in advance to sell at whatever the bid is that moment, no matter how low.

Therefore it falls into the category of "never EVER use a market order".
It's like taping a "kick me" sign to your back.

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