3. Sell the stock as soon as possible. If the price falls below the breakout level, a stop loss of 5–7% is assumed.
4
4 reads
CURATED FROM
IDEAS CURATED BY
9 most important trading rules of dan Zanger who turned 10,000 dollars in 18 million dollars in just 2 years
“
The idea is part of this collection:
Learn more about crypto with this collection
Identifying the skills needed for the future
Developing a growth mindset
Creating a culture of continuous learning
Related collections
Similar ideas
This strategy is based on a principle in stock trading: Say you buy a stock that sells for 100 dollars a share and set a stop-loss order for 90 dollars a share. As soon as that stock dips to 90 dollars a share, you sell it — no questions asked.
Every stock has a bid price and an offer (or "ask") price. “You sell to the bid, and you buy from the ask.”
When you are buying a stock, you can use 2 different kinds of orders:
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates