SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Shorts waiting to happen
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jeffrey Margolis who wrote (281)7/17/1996 11:35:00 PM
From: dppl   of 852
 
>>You anticipated just the question I was going to ask. Do you (and you too,
Jim Roof and DPPL) try to ALWAYS put in a limit order when you
establish a position. Do you ALWAYS put in a stop loss>>

This was addressed to Cadaver... but Jeffrey, speaking for myself, I try to be as diciplined as possible, and go in with worked out strategies written on paper. I trade puts mainly. It's risky to have a stop loss on puts when a stock is very volatile. I've been bumped out in an hour only to see my target hit the next hour!

I strongly recommend you have a scenario written out.

I think Jim has a really interesting model he works with and he seems to stick to it with admirable discipline. If you assume that the model is 80 or even only 75% correct thn in the long term you should be okay - as long as the criteria are met.

That's my 2 cents worth.

dppl
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News