I set my stop lose order at around 5% drop during trading day. But I have trouble figuring the lose amount for after hours. Do you have any suggestions? Thanks
Use your hand-held calculator? Or there is calculator program in Windows. e.g. If your stock bought price was $100. 5% is 100 * 0.05 = $5. Set your stop order at $95.
Um.. how about no stop. The market is closed why would you want a stop to execute? Your odds of getting a horrible fill are significantly higher after hours. If you can't sleep at night then liquidate or hedge.