Project management: Avoid big loss on TFSA account

 Sept. 8, 2020

Introduction

It is important for me to obey the rule. Limit big loss, so I have to learn how to set stop limit order/ trailing order on my TFSA account. 

TFSA Sept 8 2020

This is the biggest loss amount in one day. I tried one thing to sell those stock ENB.TO, PPL.TO, and TRP.TO, and then purchased SU.TO stock, HSE.TO, CVE.TO stocks. But I should set stop order to prevent big loss. 

I should limit the loss less than one thousand dollars/ day. 

Actionable items

I need to put trailing stop limit order on IMO.TO position, CVE.TO position, SU.TO position, HSE.TO position.