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Post# of 44374
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SEBASS

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SEBASS

Re: willsimon post# 2838

Monday, 06/06/2005 6:03:37 PM

Monday, June 06, 2005 6:03:37 PM

Post# of 44374
Stop-loss order is permission to be defrauded.

"implying that setting stop losses is stupid is simply irresponsible and unwarranted. Setting a stop loss is basic tading 101. Protecting an investment is the smart and right thing to do"

By creating stop-loss order you are giving away your shares to Market Makers at their discretion and their price. I am not going to write about MMs work since it's been mentioned here multiple times and you are wrong my friend about protecting your investment. In theory it make look like that to you but in reality MMs the sharks of the water will take your shares like taking candy from a baby. If you disagree find some post here about how Market Maker work and if you do not understand that then too bad.


And as Jack always says: "You can't handle the truth! Son"

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