Stop losses · Invest & Retire Community

Stop losses

I am just trying to understand stop losses and stop limit orders and short selling. If I believe the market is going to crash on Monday what could I do?

Can I place stop losses on Sunday to await the market opening Monday morning?

For anyone using Questrade...can I set a stop loss for a stock after I already own the stocks? I know how to set stops etc when I am originally buying the stock but not after the fact.

Would I use a stop loss? I understand that this would mean that my stocks would sell at whatever the market price is when the market opens

Or would it be better to use a stop limit which I understand it to mean that the sale will be triggered at the proce selected but would not sell lower than my limit price? This may not get all if my stocks sold in a rapid decline but perhaps some?

Would it make sense just to buy the same number of shares as a short sell so it would just mirror the stocks I already own and create no loss or gain...a neutral balance?

Sorry for these probably very elementary question. I have watched videos but still always left with so many questions...

Hope you enjoy your weekend. I await any of your comments. ❤️

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