Skip to main content
Message Font: Serif | Sans-Serif
No. of Recommendations: 2
The two times I've forgotten to set stop losses, I really regretted it. I'm talking about LDK Solar and Wellcare. I keep the Wellcare option at -98.95 on the screen just to remind myself:

A: Don't buy too many stocks, too hard to keep track of them all.

B: Set a stop loss at -15% on options -8% on stocks.

You can always buy back in.

Yesterday, for example, I was stopped out of STP at -15%, today I bought it back at $50 less.
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.