Can you guys give your opinion on this?
How many of you are in favour of stop losses?
F### how many times have you set your stop loss and the price fluctuates during the day and comes to just barely touch it, triggering your stop loss, and then it goes to the other direction that you wanted in the first place?
This is the negative side of setting stop losses = triggering a loss and wasting money on brokerage caused by temporary fluctuation.
Today I set a stop loss for AWC at 6.53, and the stock was at 6.57. It came down to 6.53 triggered my Stop loss, and then up it goes back to 6.58.