Especially in the pinks and OTC, there can be vast price fluctuations that easily take out your stops and your shares. I am 98.5% sure that some of the fluctuations are just for that purpose. In my opinion, if you want to keep your shares, don't use stop loss orders. If you want to be safe when trading pinks, perhaps you shouldn't even be trading pinks.
Stops are dangerouse, but if you do need to protect yourself, use stop limit loss, and use either a% factor or specific amount, such as 50cents etc. these are not shown on level 2 until they get triggered, so the mm's can't jump down to pick you off until they hit your target level JMHO
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