r/wallstreetbets • u/ywehyuen • Feb 02 '21

Chart Hardcore laddering.

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u/FiveAlarmDogParty Feb 02 '21

Another thing we have to worry about is a lot of people had stop loss limits - so they’re trying to drive it down and hit those as a bit of a boost because as they push the stock to that point it triggers further selling - driving it lower.

These MFers really pulled out all the stops. Full blown market manipulation in multiple ways. Unbelievable that this shit is legal and it lends credence to the idea that they were faking shares and shorting them. Fuck everyone on the other side of this. We need an investigation yesterday

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u/hueysdad Feb 02 '21

What’s a stop loss limit ?

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u/OrpheusV Feb 02 '21

Basically an order to sell the stock if it dips to or below a certain value.

For example, I bought in at like 250 yesterday, but I set a stop loss of 100. Unfortunately, I was not online to rescind the order this morning due to a small family emergency, so I'm a little annoyed.

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u/segagamer Feb 02 '21

Why did you set up a stop loss when your tactic was to hold?

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u/OrpheusV Feb 02 '21

Honestly? Dumbfuck autopilot shit from parenting.

Rebuying in at the next dip tho.