Stop loss = lossesIronic isn't it that those conservative investors that use a stop loss inevitably get pounded by algo/hedgy/day trading flippers who trigger the stop losses and then scoop up the cheapies. Nobody learns or more correctly, everybody learns the hard way. If you invest in highly volatile stocks like Tcf you can't just "set it and forget it" like good ole Ron popeil and his chicken thingy. Maybe you can set up a stink bid to buy cheapies if you want to take a day off, but no way would I use a stop loss for Tcf or any other highly volatile penny stock. Stop loss = not stopped. More like locked, than stopped.