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How to set the stop loss value when configuring the copy?

  • Writer: Tomasz Tomczyk
    Tomasz Tomczyk
  • Dec 17, 2020
  • 1 min read

Updated: Feb 26, 2021

It all depends on the time taken for the investment. In general, the markets are characterized by trends and react to the situation of individual companies and the world economy. If you have a copy duration of 6 months or more, the loss of capital of 15% should not bother you. Especially if you invest for a year or longer.


It is not the system that should decide to close a position but you alone. That's why I have 95% set in all positions, which would mean losing practically the entire value of a given company. This is not possible unless the company bankrupts.


If your risk tolerance is lower, you can set 50, 30 or even 5%, but be aware that the system will close positions after 5% loss of value. And you lose money only when you close the copy below its opening. Once closed, it will never regain its value, and you are sanctioning a loss that could have been made up for if the system had not closed the position for you.


When the long-term outlook is bullish in your opinion, pullbacks, corrections, and even bear markets give you your best buying opportunities. Pretty simple, right? But not so easy to do.

When deep down in the pit of your stomach the last thing you want to do is buy a stock.

But the best time to invest is when it feels the worst.


 
 
 

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© 2021 by Tomasz Tomczyk

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