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To: Teresa Lo who wrote (4002)11/8/2000 4:19:46 PM
From: .Trev  Read Replies (1) | Respond to of 8925
 
Yes I've known that for a long long time but to my surprise have never seen it openly recognised by most others. IMHO using stop loss orders for stock trading is equivalent to entering a boxing ring with one arm tied behind your back or running the marathon with your ankles tied together. The MM system in the US markets guarantees that profits will be mostly bled off before they reach your pocket.

Made my first trades in 1954 and still yearn in a way for the old days when you could at least try to figure out what the promoter was doing, and copy his activity. The problem is there's no integrity among the crooks these days (LOL), and as well they outnumber us by some exponential factor.

Cheers