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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: dara who wrote (128138)	8/13/2008 10:50:34 AM
From: rubbersoul	Respond to of 312934

(Edit) Kidl is right. Yup, G up 7% since my entry (12% of PF). Oil inventory numbers lower than expected: bloomberg.com

To: dara who wrote (128138)	8/13/2008 10:56:04 AM
From: kidl	Read Replies (1) \| Respond to of 312934

A stop loss order turns into a market order. Ergo you get sold out no matter how low that may be. Only way to prevent this is by placing a stop limit order. If the stock opens below your limit, your order will not get filled.

To: dara who wrote (128138)	8/13/2008 12:21:17 PM
From: ceejayt	Read Replies (1) \| Respond to of 312934

Hi D. If the market opens below your stop loss limit the transaction is not triggered - If I had a sell order at 40.05 with a stop loss at 39.00 and the market opened at 38.85 and did not touch 39.00 again within # of days I want order to be valid for, the sell order would not be triggered. To place a Stop loss - Select Limit - and enter price that you wish to activate the sell order at for example G at $32.00 Set the number of days you wish the order to be valid for Select - On Stop the limit - The tricky part 31.99 - 0.00 - this is the way I got stuck in G, it happened on a Friday when I am otherwise engaged. The market opened below my loss limit and therefore to my horror I still have some G. Edit: And if I had been CD I would have been discipled and sold at market on Monday CJ