Penny Stock Tips from Stockguru: Why is the Stop Loss Order So Dangerous?

Penny Stock Tips from Stockguru: Why is the Stop Loss Order So Dangerous?

 

 

I then asked him this: “Did almost all of these stocks trade above your original buy-in price within a few hours or a few days of your stop loss order clearing you out?”

He answered yes.

I referred him to my article:

Five Things Regular Investors Do WRONG When Playing Penny Stock Picks

[caption id="attachment_59015" align="alignnone" width="450"]stop-loss-order-is-not-good-for-penny-stocks Click on Image to Learn More on the Issues with using a Stop Loss Order with Penny Stocks[/caption]

Here is a quote:

“Experts on the major markets use the infamous Stop Loss Order – Don’t Make That Mistake!.  In the penny stock markets it is financial suicide to use a Stop Loss Order.”

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