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Re: bradford86 post# 204

Saturday, 10/02/2010 10:15:36 AM

Saturday, October 02, 2010 10:15:36 AM

Post# of 485
Glenn: good point. I have however mixed feelings re. setting a stop loss for any of my China stocks.

I have suffered big losses in the past b/c of stop losses (set even as low as 50% compared to 20 to 25% stops for my US holdings) just to watch the same stocks zoom back to profits a few weeks or months later. So I did away with stop losses this year. If I had kept it at 50% stops, probably 1/2 of my portfolio would have vanished by now. But on some (like XODG and GCHT and options of course) I wish I had those stops in place as many are still deep under water.