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Is Stop Loss a Friend or Foe?

Posted By On 7/18/2010 06:04:00 PM Under
Well, to give an honest opinion stop loss is a friend if the same is chosen intelligently and if not chosen intelligently than it can work against your interests.

Thus as a thumb rule select the stop loss way below the support; so that it do not get caught in the noise of the market.

Moreover make sure that you do not put stop loss in system for first 15 days of the day and thereafter one can place the same as by than the dust settles in the market.
However if you want to trade without any fear of stop loss than do remember to use the India top stock picks as given at best indian stock market site which will ensure that one makes daily money from Indian stock market.
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