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Tuesday, July 27, 2010 6:21:45 PM
PS: Some brokers allow their clients to enter "advanced" orders to protect themselves from this. This is cumbersome however, if you need to fire off an order amid intense volitility. Seems to me, and correct me if I'm wrong, that a market order to sell after your mental stop has been hit is the way to go. The downside however is that you have to stay in front of your computer, and never, ever, doze off.
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