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2022-11-08: We have a signal to move out of CASH and into FBSOX....Read more Stock Stop Loss Q&A Entries from Our Mailbag.Q: Dear GSA: Thanks for trial. Question-On 7/27 your top pick was ****-last
price 28.84. Stop loss 23.10. For this top pick would you try to buy at
28.84 (for your portfolio)? Also, why is your stop loss more than the
10-12% less than 28.84? You suggest 10-12% stock stop loss.
A: Hi, We have placed an order to buy **** at the market tomorrow (Monday), which is our normal practice for Top Stock Picks posted over the weekend. The stock stop-loss shown is an automatic calculation based on support and resistance points in the chart. To see how this stop loss works, click our Stop Loss Chart. We often use the line to exit positions after we've had a run-up in the stock price, i.e., to take profits. However, for new positions, the 10-12% rule takes priority, irrespective of what the stop loss line shows. Best regards, GSA
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 Disclaimer The stock selections in our stock investing and stock trading database are not stock recommendations, but simply represent applications of a stock investing process. All materials, including our Top Stock Picks, are provided for information purposes only and should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security. Growth Stock Analytics, LLC is not responsible for gains/losses that may result in investing or trading in these securities. All information is believed to be obtained from reliable sources, but there is no guarantee that the information supplied is accurate, complete or timely. There is no guarantee or warranty with regard to the results obtained from its use. There is no guarantee of suitability or potential value of any particular investment or information source. You acknowledge that your requests for this information are unsolicited and shall neither constitute nor be considered investment advice. Past investing performance is not an indication of future performance results. Investing and trading in stocks is risky. Investors are encouraged to consult a registered stock broker or investment adviser before making any investing decisions. The interpretations and opinions expressed herein are solely those of Growth Stock Analytics, LLC, and not of any other individual or organization. | |
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