Trader J's Inner Circle Message Board

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Strategies & Market Trends : Trader J's Inner Circle

NVDA 178.77

-2.7%

12:59 PM EST

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To: Trader J who wrote (10654)	3/5/1999 6:58:00 PM
From: Jon K.	Read Replies (2) of 56535

TJ, let's not talk about short<g>. Feel like standing in the rail way trying to stop 100 mph locomotive. What a humbling day. Lost half of this year's gain in just 2 days. I am thinking about using a stop loss (not a tight one)more often. When a stock moves 20 to 30 point a day, you could get wiped out very fast. Can you give some thoughts on 'stop limit' orders? I rarely use it because of the thoughts that MM can see me sitting out there, and they could come down just to pick mine up. And also can you give some advice on how to deal with a day of heavy loss? Regards, Jon

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