Elite Pharmaceuticals Inc (ELTP): Don't get me wrong, it's wise to have a...

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Re: Aqua post# 176333

Thursday, 12/24/2015 1:15:00 PM

Thursday, December 24, 2015 1:15:00 PM

Don't get me wrong, it's wise to have a stop loss and follow the prices, it's just actually putting it in on a stock which at times can trade 1 cent wide, just paints a target for market makers. I used to be a currency trader at a few big banks, so we were the market makers, and nothing was better than seeing where the stops were lining up.

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