Spread betting: Don't give up on stop loss orders

As markets took a tumble recently, many investors lost money as their stop losses were triggered. But that doesn't mean you should abandon stop losses altogether, says Tim Bennett.

Investors hoping to use stop losses to ride volatility "received a blow" recently as markets tumbled unexpectedly, says Alice Ross in the FT.

The trouble was not that stop losses didn't work, but that many worked too well.

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Tim graduated with a history degree from Cambridge University in 1989 and, after a year of travelling, joined the financial services firm Ernst and Young in 1990, qualifying as a chartered accountant in 1994.

He then moved into financial markets training, designing and running a variety of courses at graduate level and beyond for a range of organisations including the Securities and Investment Institute and UBS. He joined MoneyWeek in 2007.