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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?


To: Steve Nelson who wrote (3930)1/29/1998 9:02:00 AM
From: Linda Kaplan  Read Replies (1) | Respond to of 18928
 
Steve,

We may have a semantic problem -- I think. AIM never tells you to set stop losses. It does recommend sell orders and buy orders for a percentage of the amount of stock we hold. If you are setting stop orders that is something different.

Linda



To: Steve Nelson who wrote (3930)1/29/1998 4:15:00 PM
From: Bruce A. Bowman  Read Replies (1) | Respond to of 18928
 
Hi Steve- You might want to consider limit orders instead of stop orders. When the market trades thru a stop, the stop order becomes a market order and can be filled at the prevailing price no matter what it is. In a fast amrket that can work to your advantage or to your disadvantage. With a limit order it can work to your advantage as well, but it won't work against you.

Bruce