TonyO, as much as it may hurt watching a share price go down first thing in the morning, you will do well to wait until after 10, once the market has settled and some volume has come through, also FTSE open by then and generally give us some direction, BEFORE YOU decide what to do. Have noticed in the past that we react with a knee jerk downwards when the FTSE opens at 10 (our time) so even better would be to wait till 10:30 before you decide to sell. I know sometimes this could lead to a bigger loss, BUT you will get a better price more often then it continuing south.
ALSO of importance is that if you continuously hit your stop loss it means you are setting it too close to your entry point. Rather trade in smaller amounts and leave a larger stop loss. If you look at the last 12 months, there are only a few exceptions where stop lossess should have kicked you out of your trade. The rest is just noise, TRY and ignore it!
