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Reply to "Question for the Old Timers on Stop Losses"
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[quote=Anonymous]For those who have seen multiple market drops, have you managed to curb your losses using stop losses during those times? How effective were they? I see a lot of people talking about moving to cash or bonds but wouldn't they be better off investing in VOO or QQQM with an 8-10% trailing stop loss? I've done trailing stops for individual stocks and some have worked to stop the loss but in a couple of cases, the stops were hit and the stock went right back up.. [/quote]
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