SI
SI
discoversearch

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 : Momentum Daytrading - Tricks of the Trade -- Ignore unavailable to you. Want to Upgrade?


To: Ken Wolff who wrote (1639)11/19/1998 5:29:00 PM
From: Tim Luke  Respond to of 2120
 
i only use stops when i leave to go surfing and then i catch hell for it.



To: Ken Wolff who wrote (1639)11/19/1998 7:12:00 PM
From: Wes Stevens  Read Replies (3) | Respond to of 2120
 
Ken,

I am trying to learn this game. I do not have level II. A number of times I have put in tight stops only to have the mm take them out before a major rise. So I stopped with stops and just try and watch them.

How can you tell if a stock is really going down or it is just the mm's after your shares???



To: Ken Wolff who wrote (1639)11/20/1998 1:33:00 AM
From: Tai Jin  Respond to of 2120
 
Does anyone know when stops are triggered? Is it when there is a trade at the stop price and the price is also at the inside market? Sometimes there are trades away from the inside market, would such trades trigger a stop?

Also, if the inside market moved past your stop without any trades at your stop price, would that trigger it as well (that is, if a trade occurs below your stop if you were long, for example)?

thanks...tai