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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: Greg Butcher who wrote (855)	11/6/1997 10:54:00 PM
From: TFF	Read Replies (4) of 12617

Greg: He is talking about the size of the stop - not the size of the position. For example if you bought 1000 shares of INTC @ 75 yesterday(poor you if you did) you would have set a stop loss order at 73 1/2 ( 2% of 75). The market would have kicked you out on the way down and you wouldn't be holding today when it closed @ 73 with the risk of further downside in the morning.

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