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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Jill who wrote (40199)8/12/2001 7:14:04 PM
From: Sully-  Read Replies (2) of 65232
 
HI Jill,

Hope the vacation was full of fun, R&R. Good luck with the interview!

The article at the link below is (tongue in cheek, but also it's a fair portrayal of a very sad reality though) why I do not use a stop loss.......... I agree that if one does not use a stop loss, one should make sure that they employ a mental one & limit losses though............

capitalstool.com

I'm not saying that this type of thing happens ALL the time by any means (running stop losses)............... However, I have no doubt that it does happen. I've witnessed enough fishy situations where it clearly appeared that stop losses were run well below the stop loss level only to reverse & close well above the stop loss by cob. It's one thing to see it once in a while, but it happens often enough to make me suspicious about a group of people who are not known for their moral standards or impeccable integrity.
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