Just curious, do any of you set stop losses and recollect again later? Or do you just HODL regardless of what the dip is.
Even if I’m holding, I always have my stop loss level because I can’t sit and just holding while mu portfolio are bleeding, I have to stop it and buy back again when the price normalize. In trading, I also believe that having a stop loss set-up is a must, it can help you prevent losing money so do you best to have the stop loss price.
If you hold and have a stop loss, You can have the tendency to forget your holding when it hit the stop loss and also lose the chance to buy at a lower price. In my own opinion, I think it is not a good strategy for putting a stop loss on a long-term holding. I think it is very suitable for other trading styles like swing trade and scalping but In long-term holding, I think not.