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I have exactly the same question. When I bought canadian index fund on Mar. 19 and sold it on April 21 with >12% return, I got a strong faith to believe that TSX has to have a correction. That's

why I bought HXD.to. But now I am puzzled if I am right. I hope I don't need to stop loss. For this kind of ETF, do we really need to stop loss? It's not individual stock, it's not going to crash and the market for sure will have up & down. I am not sure if holding long is good, as we hold fund.
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  • 这次,TSX能上14600嘛?
    • I have exactly the same question. When I bought canadian index fund on Mar. 19 and sold it on April 21 with >12% return, I got a strong faith to believe that TSX has to have a correction. That's
      why I bought HXD.to. But now I am puzzled if I am right. I hope I don't need to stop loss. For this kind of ETF, do we really need to stop loss? It's not individual stock, it's not going to crash and the market for sure will have up & down. I am not sure if holding long is good, as we hold fund.
      • Thanks for your detail message. I am thinking to set a sell order at $18.99 with limited gain. While working in the office,
        I dare not to watch the market too often, this makes me to lose chance to change the order many times. I just couldn't believe how people could play stocks very frequently while working full time (working at home is an exception).
        • LOL
    • it.uncle, why you deleted your reply. Just curious?
      • 没有什么,你看到了。我不想影响其它人。另外,你的买出点设的太低了。应该用Trailing stop sell. 开始上升的几天(经验是开始上升的前5%不用设)。后面越设条件越苛刻。这样可以最大限度的保证利润(好不容易赚次钱啊,还不往死里赚)。
        • I am using TD water house. Not only the commission fee is high, but also I don't have trailing stop choice. You answer is funny and helpful, anyway, thanks.
          • How could? You are not familiar with TD Ameritrade....I used it 5 years ago
            • TD水房 != TD Ameriatrade
              • 恕我无知,哈哈。