Originally Posted by
hamhead
Originally Posted by
heyeaglefn
I don't think we are talking about professional investors here. Just trying to talk someone out of something they think is an easy 2% min. profit.
You set the stops/limits up in advance in case something happens and the stock drops quickly and you want out.
Like has been mentioned here already, while you can't book stops/limits on loyal3, nothing is stopping you from buying options on your other accounts to hedge against losses.
Way too much effort for 2%.