@gamaya wrote:So what we need to learn is stoploss orders. I also learnt recently. The idea is selling when our buy descision was wrong keeping our max loss 7-8 %in a trade. This is like an insurance policy. There maybe new modifications to this but as a rule of thumb 7-8% is the max loss you should take in a buying venture.
What I wanted to tell is "Do your own study before buying anything" and "Don't buy just because of others buy" rather than profit margin.
Thanks for +reps and comments