CFZ E-Wiggle Workspace Message Board

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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: skinowski who wrote (8308)	8/19/2008 12:06:40 AM
From: jaker	Read Replies (1) of 41547

Market or Limit stop?.... Tell them you want 100 free trades if they screwed up.... Blowing Lmt. Stops was a big problem during the Tech Bubble and crash, do to fast moving markets. I use GTC Market Stops on stocks and ETFs with narrow spreads...I only use Limit stops on low volume stocks or / and wide spreads... Just imo, of course... I rarely miss the exit by more than a few pennies.. with electronic trading and since bids went to 1/4 to pennies.. I have not seen much problem. Of course if one is a scalper, every penny counts.

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