[amanaplanacanal]

Stop losses can fail when prices are falling quickly enough.

[factsarelolz]

Set multiple stop losses? $6, $5.99, $5.75, etc, etc. if one fails one of the others will catch it. Hell as long as it sells before $5.01 I'm profitable. Simple as.

[amanaplanacanal]

That’s not how stop losses work. If things are falling fast enough, You could have one trade at $7, and the next trade at $4. Sorry, you still lost money.

[alvah]

That's how people who haven't previously been investors through a crisis think stop losses work.