What is the recommended percent drop in a stock's price for a limit order? and The Stock Exchange, NYC

What is the recommended percent drop in a stock's price for a limit order?

I have 20 stocks ranging from large to small caps and need to know what I should set percentage drop in stock price for the limit order (just a basic recommendation). Also, should I place limit orders on every stock or just the risky ones?


Stock best answer:

Answer by Travis L
It all comes down to risk tolerance. Put the limit order where you feel comfortable. If you are okay with a 10% drop, put it there, if it's 2%, put it there. There is no rule of thumb, it is all subjective. If you are very concerned about a loss, I would put a limit order on each holding. Best of luck to you.

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The Stock Exchange, NYC


Image by WanderingtheWorld (www.LostManProject.com)
The Stock Exchange is a hard shot to take as it's hard to back away to capture the entire image. I was waiting for the security guards outside of the exchange to tackle me as I set up my tripod on one of the ledges across the street. The sun was coming through the buildings at the perfect time as I scrambled to take this shot before it passed. I felt as if the heavens were pointing a spotlight creating a very dramatic lighting effect in this photo. I decided to keep parts of it very dark to emphasize the mood of that very second. I hope you enjoy.

TIP - Most people are probably aware of this but I usually take 3 exposures (-2, 0 +2) which i find to suffice in most situations, however when you have a strong light, direct sunlight or a very bright reflection it's best to take an even lower exposure (-4) to capture the detail around the reflection. Just an idea.

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