Homily Position & Bottom Catch
Importance of Stop Loss If you bought one stock at 2 dollars, then the price has been down, to the recent price around 1, with 50% loss. At the later stage, the price rose from 1 to 1.5, with 50% rose. Therefore: have you recovered your cost? You can recover your cost only the price rose 100% If you stop loss and sell at 1.8, later up 50%, now your stock price is 2.7.