Should I set a stop-loss order for my stocks?

Q. If I was to set a “stop-loss” on a stock, what would be the recommended percentage drop to set it? For example, if the stock is at $90, should I set a 10% loss to sell at $81 or should it be 15%. I was never one for setting these but with stocks so high and this being an election year I fear a big drop coming in the market.— TraderA. When you have money in the stock market, you’re smart to want to limit your losses.For the uninitiated, if you put a stop-loss order in place, a stock will be sold automatically when it declines by a certain percentage.Ten percent is a common percentage for a s…

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