Stop Loss

Hi all,


CRN India in there recomendations by e-mail have stated as this :-

After quitting our positions on 5th Jan near 3983, we are sitting nil. We plan to buy again on 11th Jan at around 10:15 am. Stop loss will be a closing below the nifty index which is at 10:15 am at which rate you buy.
Cansome one explain what the meaning of Stop Loss will be ..........

Thanks
Rajeev

??

Come again ?

Hello Friends
I am new trading, can you give me some tips from where i start to invest in equities.
vishal pawar

Hello Friends

Hello Friends
I am new trading, can you give me some tips from where i start to invest in equities.
vishal pawar

hi,

really dont know what crn is...just follow this - stop loss is where u stop before losses stop u from trading ever (not a wise crack, think about it)...now modify this...
stop loss is at a % loss of my capital (on one trade or out of your total capital) where I stop before losses stop me from trading ever (becomes so big that it takes away a big chunk of your capital).
elder says 2% max on individual trade and 6% of ur capital in a month...there is a beautiful thread here on stop loss...search it