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Strategies & Market Trends : Trade What You See, Not What You Think

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To: Dan Duchardt who wrote (56)10/16/2000 10:16:10 AM
From: Sharck  Read Replies (1) of 867
 
Hi Dan,
One of the main reasons that many newbie traders find themselves getting "stopped out" at the low of the day is because the MMs have to go all the way down there to get your shares. In other words, your stop is seen by them as a sell. Why would they not go down and take you? Think about it, its free money for them.
I have suggested a few ways to avoid this from happening on Sharck soup and can certainly address what works for me here.
Good luck,
Trade smart,
Sharck
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