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To: Zeev Hed who wrote (24633)4/6/2000 7:14:00 AM
From: w0z  Read Replies (1) | Respond to of 25960
 
I also call it a "mental stop loss"

There is a crying need for some enterprising entrepreneur to start a business managing limits and stop losses for investors...i.e. it would work just like limit orders but be managed away from the floor so that the MM's don't see the limits. I suspect there are many people like myself who would like to use "mental limits" but don't have the time or desire to stay glued to their terminal all the time. Anyone interested?