Should I use a stop loss on my investments?
1 Answer
<p id="isPasted">If you're not comfortable losing money in the market, or you just want a strategy that protects your capital, you may benefit from placing stop-loss orders.</p><p>"When markets are volatile, which often happens in crisis or political unrest, there is uncertainty," says Michele Paiva, a therapist and financial educator who owns The Finance Therapist in Downingtown, Pennsylvania.</p><p>Anyone can benefit from placing a stop-loss order during times of uncertainty, she says, but it can be especially advantageous for newer investors.</p><p>"Most people can't monitor the stock market all day and chart it day after day, so a stop-loss is a …</p>