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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Smiling Bob who wrote (141832)8/19/2008 12:29:46 PM
From: Think4YourselfRespond to of 306849
 
Yes, using a stop loss trade is an invitation to get ripped off.



To: Smiling Bob who wrote (141832)8/19/2008 12:41:49 PM
From: Peter VRead Replies (2) | Respond to of 306849
 
Hard to watch the market all day, due to my real job. Stops have helped me on several occasions when the stock is really breaking down, but more often than not I'm getting just taken out.

Of course, oil's spike is what caused gold to spike too. Anyone figure out the deal on oil?



To: Smiling Bob who wrote (141832)8/19/2008 1:02:25 PM
From: patron_anejo_por_favorRespond to of 306849
 
>>Stick to mental if you can<<

Especially on the more thinly traded double or double inverse stuff.......to paraphrase the Clash, putting a stop loss on those "is an invitation to robbery".....("Safe European Home" Strummer/Jones, Give 'em Enough Rope 1978)


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