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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?

To: Bald Eagle who wrote (71079)	11/9/1999 12:33:00 PM
From: Paul A	Respond to of 90042

I dunno.. I mean with a stock like CS, why use stops? unless your trading it rather than waiting for the takeover.. I cant imagin trading without stops.. sure there are times where it takes you out and shots right back in the other direction, but any professional will tell you that trading without stops, wether they are mental or actuall- is a sure way to lose it all on a downturn.. Takes the emotion out of it, and in the long run, you cut the losers and let the winners run.. bought back into NSATF, also CMTN and MSGI.. no shorts