Ok, so I know how to find good solid companies that have increasing sales and increasing net income. These stocks always eventually reach my profit target of 10% in like a month or less since they are good companies. The problem is though is that lots of times they'll hit my stop loss of -10% before they reach the price of where I want to sell them at.
Should I just trade without stop losses? Does it really matter if I use a stop loss since these are generally stable companies with increasing sales and net income?
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