Hi everyone
I have recently been pondering over stop loss strategies and wondered what others do?
I have a large portfolio of both income and Growth stocks which has been accumulated over many years. Some of my shares have substantial multi bag gains and a couple have small losses currently, I have been very good at cutting the losers over the years but generally when it has been a little late!
My broker II does not offer a trailing stop loss facility - which is what I would really like to be able to do - so where I have utilised a stop loss it has generally involved manually modifying it as the price increases.
As a rule I tend to try and trail the price by about 5-8% depending on the share and my experience of it's volatility.
What do you do?
