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Re: TruBud1 post# 17412

Friday, 05/27/2011 11:15:18 AM

Friday, May 27, 2011 11:15:18 AM

Post# of 67010
I know Stop Loss orders are meant to protect your position from additional Loss. But the Market Makers can see all the stop loss orders- and 1 of their many strategies for separating you and your $Money is to take out all the stops. Please be careful with this strategy. Personally I've been burned as well, so I don't use stops any more. That's just me. Everyone has to decide on their own trading strategy.

567

GL

If I got it right; "That's my one for the year!" If this had been an actual trading emergency you would have been instructed "TO NOT LISTEN TO ME!" There is no substitute for your own DD!!!

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