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S&P 500
5,431.60
(
-0.04%
)
US TECH 100
19,166.40
(
0.51%
)
Dow Jones
38,589.16
(
-0.15%
)
Brent Oil
82.28
(
0.00%
)
Bitcoin
66,168.75
(
0.25%
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Post# of 249074
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Snackman

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Snackman

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Re: None

Tuesday, 08/05/2003 11:11:48 AM

Tuesday, August 05, 2003 11:11:48 AM

Post# of 249074
With this rise in price many put stop losses on. This is a mistake. If you want to put a stop loss in do it mentally, do not do it in writing.

The MMs go down and take the stop losses out 3-4 times a day. If they see the stop losses they let it free fall to pick them up and start the stock back up again with the additional inventory.

If you want a stop loss do it mentally only.

Snackman

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