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Re: JohnCM post# 284

Tuesday, 11/06/2018 6:00:53 PM

Tuesday, November 06, 2018 6:00:53 PM

Post# of 1951
I tried my first trailing stop yesterday on ORHOF and while it never filled I kinda liked using it knowing it would help lock in some nice profit in case of a nosedive but I still didn't like it at the same time. There are just too many instances of potentially funny stuff going on...the stock would just be sitting there meandering up and down on the 1-minute chart acting very well-behaved and then all of a sudden there would be a huge line shooting out above or below the main candlestick body outta nowhere and then it would just as quickly resume its normal price fluctuations. Either they got some young fumble-fingered dyslexic interns entering wrong prices by accident or somebody is playing games and maybe trying to occasionally take out some stop losses and trailing stops. Luckily those suspicious moves came close to mine a couple times but I cleared them with pennies to spare. Not saying I don't trust those crooked MMs...but I just don't trust those crooked MMs...LOL.

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