Stop Loss Trade Orders
This is the stop loss trade order
It’s the trade you didn’t know you needed and I can’t live without it. Or, at least, my portfolio can’t. Welcome to stop loss trade orders. Go ahead…press play. You know you want to.
So stop collaborate and listen…
Most people know there’s no such thing as portfolio insurance, but today we talk about the one trade order that might just save you in a scenario like a Government shut down. Wowzers. It’s called the Stop Loss and it isn’t an option play or a weird trick that only I can show you. Whether you’re a beginner or a veteran you need to be using this trade on almost every order you place. If you don’t the possibility of losing everything is a lot more real. When people warn you not to get involved with the stock market the very thing they most likely did not do is use the correct trades in order to protect their portfolios from disaster. I’ve been there, but I don’t plan on going back. Research. Record. Review. Repeat. Most of all, use a stop loss.
These trades are something quite common among investors and it’s a wonder more people don’t use it for every order they make! It’s a life saver and today, I’m going to tell you why.
Let’s Get Toasty
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Email: skye.tday@gmail.com
I’m a man of many portfolios and I hope you enjoyed this weeks Toasty Podcast!
