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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: Paul A who wrote (26289)12/7/2001 1:44:52 AM
From: Mike Sawyer  Read Replies (1) of 59879
 
Thanks for the feedback! I also have a ton of commissions (10.5K last year and 4.5K so far this year) so that broker you use sounds interesting. I think I might try setting some stops and see how things work. Like you said...I can adjust them to match what the market should do.

One question...if you have a stop loss in, does it show as a sell order. What I'm getting at is if you have a stop loss set and you decide to dump the stock before they take out your stop...do you have to cancel the stop before you place your sell order in case they drop the stock hard and you end up with a double sale? Or if you sell the stock does it auto cancel the stop loss that was set on the shares you owned?
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