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Non-Tech : E4L, Inc. (NYSE: ETV)
ETV 13.93-0.4%Nov 19 4:00 PM EST
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To: Ashley800 who wrote (796)12/9/1998 7:51:00 PM
From: microvestor  Read Replies (2) of 1080
 
Sorry you're not at the party tonight, Ashley/

but, like Trader G, I've learned (from sad experience) to be very

careful when placing stops. The trouble is, those of us with day

jobs can't always be around during a critical trading moment. As

as small business owner, I think I've lost more opportunties due to

my customers (They always seem to come at 9:30) than anything else.

If I feel the need to place a stop, I try not to place it exactly on

integer. Better 6 15/16 (It wouldn't have helped in this case...) than

7. During a short attack or MM manipulation, this may save your

position for the short term.

I do believe in placing trailing stops during a wild upturn. Just a

little insurance against a violent selloff. It saved my butt with

NAVR last week.

I'm no pro....JMHO
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