I think stop loss is a basic safeguard for trading. Its always good to have a premediated entry and exit point.  But  given the current market condition, its difficult to convince myself to take up so many positions. If I have such open positions on hand,  I would like to watch the market closely not because I can influence them but rather to manage my positions more deliberately. Victor, can I kindly check with you why do you have 3 positions in all 3 banks when all  of them are so highly correlated in terms of share price movement. No offence, I just hope to find out more pespective in hope to improve my own's.