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  1. #1
    Registered User GeorgeFloyd's Avatar
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    do i need a stop loss if im an long term investor?

    im just trying to retire in like 15 years or whatever. i put 8k/month into sock market into SPY, QQQ, and some stocks I like, but I'm down almost 40% for investments i've made this year
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  2. #2
    like clockwork twiceasnice's Avatar
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    i reckon just sell everything
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  3. #3
    Registered User ProudKraut's Avatar
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    Originally Posted by twiceasnice View Post
    i reckon just sell everything
    This. Maybe try again next year though.
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  4. #4
    ☠ ☠ ☠ ☠ ☠ 401Delta's Avatar
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    I have pretty tight stops set right now.

    Will keep bumping during this rally until I'm stopped out.

    EDIT: I don't buy index ETF's, tho, unless it's shorting them.
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  5. #5
    Random Words nutsy54's Avatar
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    A market low is the best time to buy and the worst time to sell... Just keep going with steady long-term investing for long-term results.
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  6. #6
    Registered User Cartiac's Avatar
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    Originally Posted by GeorgeFloyd View Post
    i put 8k/month into sock market
    Be careful, that is a tricky market, very unbalanced. You want to make sure your investment is primarily going into the left ones.
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  7. #7
    Clueful EliteEcto's Avatar
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    Hold long term , compound into the winners
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  8. #8
    Registered User miscbrah44's Avatar
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    Damn how do u got so much to invest per month
    Lifting since 06'
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