Stop Loss/Conditional Order

In by Carolyne ClarkLeave a Comment

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Carolyne Clark

Hello Boys,

Firstly just like to say love the podcast. I am in my early 50’s and have only recently started trading as I stumbled across your podcast. Please excuse me if I ask any bone questions as you may have already answered I am working my way through your podcasts and am currently only up to episode 71 – The strangest IPO. Ok I will get to my question – first part – Is a stop loss the same as a conditional order and secondly can you only set a stop loss when you first make the purchase? So for the shares I have already purchased am I unable to set a stop loss?

kind regards
Brighton 🙂