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Strategies & Market Trends : Position Trading Forum

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To: Cyrus who wrote (5177)	11/5/1998 8:03:00 AM
From: Ron	Read Replies (1) of 7247

Cyrus, the problem with placing a stop loss on NASDAQ, is that the greedy MM's will just reach down and take your stock out at the low ask price, then bounce back up. I've seen them do it. About the only way to do stops on the NASDAQ is keep the stop price mental and watch it..or write it down. A few folks have full service brokers who will ride herd over their stocks..but you can't rely on them when the market's plunging..they are too busy. If you want to place stops and then forget about the stock..play listed stocks. My take on it..based on Experience University...a great school...

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