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Re: alwright post# 177727

Tuesday, 09/01/2009 5:32:35 PM

Tuesday, September 01, 2009 5:32:35 PM

Post# of 361693
You can't rely on stops in OTCBB land...

you will get wiped out fast!...if you can't track LII, constantly, and see every trade, then you don't belong in the OTCBB's daytrading.

Some poor fool with a stop loss, probably caused the trading today. They probably had a stop in at about .68...and the MM's tripped it, and dragged it down to .60 real quick, and excuted it.

Mental stops require an incredible amount of discipline,....most people can't handle it.

jmho

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