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$Seatrium (S51.SG)$ Stop-loss order: This is a type of order...

$Seatrium(S51.SG)$ Stop-loss order: This is a type of order that instructs your broker to automatically sell a stock when the price falls to a specific price (your stop price). This can help you limit your losses if the stock price continues to decline.

Trailing stop-loss order: This is a more advanced type of stop-loss order that automatically adjusts the stop price as the stock price moves in your favor. For example, if you set a trailing stop-loss order with a trail of 5 points, the stop price will automatically move down 5 points for every 1 point increase in the stock price. This can help you lock in profits if the stock price starts to rebound.

It's important to weigh the pros and cons of each option before deciding which is right for you. Stop-loss orders can help you limit your losses, but they can also result in you selling your stocks prematurely if the price dips momentarily before rebounding. Trailing stop-loss orders can help you lock in profits, but they can also limit your potential gains if the stock price continues to rise.
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    i am newbie with happy go lucky, nothing much to lose, a poor chap in the street looking for future business champion 🌋
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