Welcome to my short [Stop Losses with Low Float Stocks | Lesson Learned] video 🎥, where I want to share a lesson I learned about trading in choppy and highly volatile stocks. As a trader, we all know the importance of setting a stop loss to minimize our losses. However, sometimes even with a well-placed stop loss, the market can surprise us. In this short [Stop Losses with Low Float Stocks | Lesson Learned] video 🎥, I explain my experience with a very choppy and volatile stock and how it resulted in me losing some money despite having a stop loss in place.
I discuss the risk involved in trading in these types of stocks and how they can easily gap down through our stop losses, resulting in unexpected losses. I share my personal experience with JYNT, a highly liquid stock, to emphasize the importance of being aware of the potential risks in such markets. I also advise setting stop losses a little higher in these situations to avoid losses.
This is a valuable lesson for any trader, and I hope my experience helps you make better trading decisions. Remember, no matter how well we think we have planned our trades, the market can always surprise us. Thank you for watching, and don’t forget to like and subscribe for more trading insights on my channel.
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🎥 RELATED VIDEOS 📟
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🎥 Top Swing Trading Stocks to Watch 👀 | 4/8 – 4/12/24 | GDXD JYNT TSLY YCL BOIL HIMX CRT EPV & More 👉 https://youtube.com/live/d_7lwTSM5sI
👉 Please find and Watch 👀 All of the BeachBum Trading Shorts 🎥 videos, All for FREE, at 👉 https://www.youtube.com/@BeachBumTrading/shorts
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🔽 REFERENCES 🔽
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📝 Weekly Trading Game Plan Notes for 4/8 – 4/12/24 – Part 2 👉 https://docs.google.com/document/d/1lyOL5-Bh8DsFto2mEtQzwY5889_i_DX3m8oWSiartJ0/edit?usp=sharing
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🧰 TRADING TOOLS 🧰
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🛠️ Webull – Get FREE stocks with Webull 👉 https://bit.ly/3jKfvw5
🛠️ E*TRADE – Use our link and we both get rewarded! 👉 https://bit.ly/3zP6rvB
🛠️ FinViz 👉 https://bit.ly/3h7r8M3
🛠️ ChartMill 👉 https://bit.ly/3By9g4X
🛠️ TD Ameritrade thinkorswim® [TOS] 👉 https://www.tdameritrade.com/tools-and-platforms/thinkorswim/desktop.html
🛠️ Seeking Alpha 👉 https://seekingalpha.com
🛠️ Benzinga Pro 👉 https://benzinga.grsm.io/uuo07mioquxj
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📈 TRADING PLATFORMS 📈
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✅ Webull – Get FREE stocks with Webull 👉 https://bit.ly/3jKfvw5
✅ E*TRADE – Use our link and we both get rewarded! 👉 https://bit.ly/3zP6rvB
✅ Public Investing 👉 https://bit.ly/3M5eACK (Referral Code: MichaelSDeVries)
#stoplossorder #stoploss #lessonlearned
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