Talk of The Villages Florida - View Single Post - Question re Stop Loss Orders
Thread: Question re Stop Loss Orders
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Old 03-27-2022, 08:56 AM
Geodyssey Geodyssey is offline
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Quote:
Originally Posted by RVJim View Post
An ETF is an individual stock. Stop Loss orders are a good way to take a loss on a spike down and then miss the rebound. Better thing to do is to put together a well balanced portfolio and ride out the daily ups and down with an eye to long term performance. Unless you are a trader, you should just set your portfolio up and forget about it on a daily basis. If you are a trader, skip the stop loss and spend every day watching the market ticks.
You do not know what you are talking about.

The "F" in "ETF" stands for FUND. It's not "ETS".

Yes you can set a stop loss order on an ETF.