Hello,
I am a kind of investor who buys some stocks in cash market and forgets it in my busy life, then when I have time I watch my stock movement, if in profit then I sell it.
I know putting stop loss is important, but I could not do it in ICICIdirect and Geojit accounts. Couple of times I manage to put the stop loss, immediatate it was sold at the market price. I am totally confused, since then I stopped it.
1) My question is Do we have to put the stop loss while we buy the stock, or we can put stop loss any time after we purchase a stock?
2) If we can put a stop loss for a stock in Portfolio anytime, how do I do it in Geojit and ICICIdirect? Please guide me.
Thanks.
I am a kind of investor who buys some stocks in cash market and forgets it in my busy life, then when I have time I watch my stock movement, if in profit then I sell it.
I know putting stop loss is important, but I could not do it in ICICIdirect and Geojit accounts. Couple of times I manage to put the stop loss, immediatate it was sold at the market price. I am totally confused, since then I stopped it.
1) My question is Do we have to put the stop loss while we buy the stock, or we can put stop loss any time after we purchase a stock?
2) If we can put a stop loss for a stock in Portfolio anytime, how do I do it in Geojit and ICICIdirect? Please guide me.
Thanks.