Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@. Skimlinks & other affiliated links are turned on

Search
  • FIRST POST
    • mw52563
    • By mw52563 7th Jun 17, 6:29 PM
    • 6Posts
    • 1Thanks
    mw52563
    Setting up stop loss
    • #1
    • 7th Jun 17, 6:29 PM
    Setting up stop loss 7th Jun 17 at 6:29 PM
    Hi,
    I've just opened up an investing account and I noticed that some shares dont give me the option to set up a stop loss...
    . Any idea why this option isnt given, it is on some other shares I looked at.
    Thanks
    Mike
Page 1
    • Glen Clark
    • By Glen Clark 7th Jun 17, 6:39 PM
    • 3,720 Posts
    • 2,716 Thanks
    Glen Clark
    • #2
    • 7th Jun 17, 6:39 PM
    • #2
    • 7th Jun 17, 6:39 PM
    I love stop losses. Because I'm looking to buy some good shares cheap and nothing crashes the price of good shares better than a wave of stop losses kicking in
    For society to function well, people generally need to feel that they have a fair chance of success through their ability and efforts. The more entrenched hereditary elites we have, the less likely people are to feel that way
    • EdGasketTheSecond
    • By EdGasketTheSecond 7th Jun 17, 6:43 PM
    • 135 Posts
    • 68 Thanks
    EdGasketTheSecond
    • #3
    • 7th Jun 17, 6:43 PM
    • #3
    • 7th Jun 17, 6:43 PM
    Maybe the shares without stop losses are smaller market cap and more thinly traded and therefore could move through a stop loss too quickly for it to realistically be triggered at anything close to the required price?

    imho, you are better off without stop losses as market makers can just move the price down to pick up shares on the cheap from stop losses being triggered. Instead watch the price yourself and get out if it falls through your comfort price level.
    • Thrugelmir
    • By Thrugelmir 7th Jun 17, 10:11 PM
    • 53,856 Posts
    • 46,639 Thanks
    Thrugelmir
    • #4
    • 7th Jun 17, 10:11 PM
    • #4
    • 7th Jun 17, 10:11 PM
    Shares such as ? In the smaller cap markets dealing volumes are far lower. So difficult to buy / sell in sizable quantity in the main.
    “ “Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria. The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell.” Sir John Marks Templeton
    • kauto
    • By kauto 8th Jun 17, 8:53 AM
    • 17 Posts
    • 17 Thanks
    kauto
    • #5
    • 8th Jun 17, 8:53 AM
    Don't worry about them
    • #5
    • 8th Jun 17, 8:53 AM
    Hi Mike,
    To be honest I wouldn't worry about having a stop loss in place. Because short term volatility could cause the stop loss to be triggered, even though the long term outlook for the company is still good.
    The best question you can ask yourself before making an investment is:
    Would I be happy to buy shares in "xyz" company, even if the stock market closed tomorrow and didn't open for 10 years......
    "Be Fearful when's others are Greedy and Greedy only when others are Fearful"
    • Malthusian
    • By Malthusian 8th Jun 17, 9:46 AM
    • 2,224 Posts
    • 3,091 Thanks
    Malthusian
    • #6
    • 8th Jun 17, 9:46 AM
    • #6
    • 8th Jun 17, 9:46 AM
    What are you going to do with the cash when the stop loss activates? Why not just do it now instead of waiting to lose money?
    • daddy_bro
    • By daddy_bro 8th Jun 17, 4:13 PM
    • 15 Posts
    • 1 Thanks
    daddy_bro
    • #7
    • 8th Jun 17, 4:13 PM
    • #7
    • 8th Jun 17, 4:13 PM
    There are a few times I wish I'd set up a stop loss. It's easy to get into the habit of saying "It'll come back up tomorrow" Then tomorrow it goes down a bit more and you say the same again.
    Much easier to set up a sell point when buying and take the emotion out of the equation.
    Last edited by daddy_bro; 08-06-2017 at 9:49 PM.
    • Malthusian
    • By Malthusian 9th Jun 17, 10:28 AM
    • 2,224 Posts
    • 3,091 Thanks
    Malthusian
    • #8
    • 9th Jun 17, 10:28 AM
    • #8
    • 9th Jun 17, 10:28 AM
    There are a few times I wish I'd set up a stop loss. It's easy to get into the habit of saying "It'll come back up tomorrow" Then tomorrow it goes down a bit more and you say the same again.
    Much easier to set up a sell point when buying and take the emotion out of the equation.
    Originally posted by daddy_bro
    Even easier not to throw away money by gambling on day-trading.

    The notion of taking emotion out of day-trading is nonsense, it's like saying you're going to take the pain out of S&M. If you were thinking rationally rather than emotionally you wouldn't day-trade in the first place. Day-trading is about the belief that you are better than everyone else at predicting the movement of lines on a graph, and therefore you deserve to get rich quick. Both of these beliefs are emotional, not rational.
    • kauto
    • By kauto 9th Jun 17, 11:42 AM
    • 17 Posts
    • 17 Thanks
    kauto
    • #9
    • 9th Jun 17, 11:42 AM
    • #9
    • 9th Jun 17, 11:42 AM
    Even easier not to throw away money by gambling on day-trading.

    The notion of taking emotion out of day-trading is nonsense, it's like saying you're going to take the pain out of S&M. If you were thinking rationally rather than emotionally you wouldn't day-trade in the first place. Day-trading is about the belief that you are better than everyone else at predicting the movement of lines on a graph, and therefore you deserve to get rich quick. Both of these beliefs are emotional, not rational.
    Originally posted by Malthusian
    True dat
    "Be Fearful when's others are Greedy and Greedy only when others are Fearful"
    • daddy_bro
    • By daddy_bro 16th Jun 17, 9:34 AM
    • 15 Posts
    • 1 Thanks
    daddy_bro
    Even easier not to throw away money by gambling on day-trading.

    The notion of taking emotion out of day-trading is nonsense, it's like saying you're going to take the pain out of S&M. If you were thinking rationally rather than emotionally you wouldn't day-trade in the first place. Day-trading is about the belief that you are better than everyone else at predicting the movement of lines on a graph, and therefore you deserve to get rich quick. Both of these beliefs are emotional, not rational.
    Originally posted by Malthusian
    This is very true but it still hurts to see your Lloyds or Standard Life shares fall by half their value. Not many people buying Bank shares for day trading.
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

5,288Posts Today

4,757Users online

Martin's Twitter
  • You're right, of course. How silly of me. After all, all my work is solely focused on my own personal circumstance? https://t.co/m6DHzFUjzg

  • RT @ARJMOR: @MartinSLewis It may well be kind of random, but the algorithm used has a bias to the unpopular seats.

  • It seems what Ryanair is saying is "don't pay and we leave you the seats we don't think people want and they're in the middle."

  • Follow Martin