A stop loss order is a trading tool that automatically sells a security if its price falls to a set level, helping investors limit losses without constantly monitoring the market. While it can protect ...
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Fiserv Stock’s 44% Single-Day Plunge Proves That Stop Orders Don’t Work, But This Option Strategy Could Have Prevented the Carnage
Down 44% in a day? Well, at least if you had a stop order… uh, nope. That’s the message here. Stop orders will not save you when a stock plunges overnight. In fact, for decades I’ve been trying to say ...
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