Which Brokerage/Security has stop-loss feature?

[Temperament]

Dear Gurus,

Good evening/morning,
Like to find out which brokerage or security has stop-loss feature in their shares trading platform?

Understand that "Lim & Tan" currently do not have it.

Any advice would be much appreciated.

Cheers
f2o

I dont think it is a good idea to have this stop-loss feature if you are a true value investor.

Let's say as a result of your hard work and scuttleboat, you have determined that company A is valued at a minimum of 50 cents, as a result of the pessimistic market, you manage to buy it at 30 cents. Then you go set a stop-loss at 25 cents and because markets fluctuate, you sell at 25 cents... isnt this silly... you sell when your margin of safety gets bigger?

if you are a trader, you may dismiss what i say

Stop loss price setting is good for rising market where you try to sell at the highest price possible for your "over-value" stocks. Anyway, i usually place limit orders for B/S. It's very, very rare for me to place market order. Only when i am become a "desperado", i did. Never say never in money matters.

Hi Safetyfirst, Temperament,

Thank you for the advice.
The reason is because I feel that my stock has reached above my value. But I still do not want to release it. (sentimental and I am also emotional) I also could not find a better stock. Thus I wanted it to continue to raise if possible.

Thus I was thinking of putting a stop-loss to prevent any drop since it had reached my value/target.

Found out that Poems has a Protrader club but need to pay $80 for 3 months.

Do not want to waste this money.

Cheers
Be Healthy and Wealthy

CHEERS!
BE HEALTHY & WEALTHY.
Try Citi Bank and share with us will you?
i may want to try again after your feedback.
Thanks.