Talk of The Villages Florida - View Single Post - Question re Stop Loss Orders
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Old 07-07-2022, 03:09 PM
DAVES DAVES is offline
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Quote:
Originally Posted by 44Apple View Post
Do you tend to use stop loss orders?

I'm thinking of listing one for each of my etfs at the 10% loss point.

Seems like a holding could drop 10%, be automatically sold and then rebound the next day/week by a quick 8% or so and then I would be missing the rebound.

Thoughts?
Our current stock market and rate of inflation has made most feel uncomfortable.
I've never used a stop loss order. As I understand it, you can put in a stop loss order and if it drops to your less 10% it will be offered for sale. That does not mean you will get the less 10%. Your shares may actually be sold at lower than the less 10%.

Our stock market. I use the S&P as average. My brokerage account shows rate of return. Money? I question if it is REAL. If it is real, it cannot simply disappear.

My easy to see records go back 15 years. This is the first year that I have lost money in the market. On top of that there is INFLATION. Now approaching 10%.

Depending on whether you hold the etfs in an IRA where you are TAXED at your highest tax rate, no long term tax benefit, when you need to or are forced to withdraw the money at a certain age. Or in a taxable account, you can actually end up paying tax and have a loss.