Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Strictly Buy and Sell Set Ups -- Ignore unavailable to you. Want to Upgrade?

To: Carl Worth who wrote (286)	11/6/2004 6:24:18 PM
From: chowder	Read Replies (1) \| Respond to of 13449

Carl, In my case, the stops are mental and not actually placed with the brokerage firm. The price had already moved before I noticed the stop price being hit. Therefore, I never got to place the sell order. If I had set the sell order with the broker, and it did hit, the exact same buy setup existed with another bullish engulfing pattern by the close of that day. Since I prefer not to place my stops with the brokerage firm, I sometimes miss my targets by a few cents both to the upside and downside. In this case, I wasn't quick enough to spot the price action and I stayed with the trade. dabum