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TREND1

11/30/10 11:39 AM

#84853 RE: LisaAu #84846

Lisa
My son says latest DROID has CNBC.com app
Bigger screen then 3 GS
And is a lot faster.

Cost $149 with 2 year subscription
Get second one FREE.
.
My IPHONE 3 GS is up in AUG 2011
May not stay with IPHONES.
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JLS

12/01/10 4:30 PM

#84856 RE: LisaAu #84846

Lisa

Regarding your comment to TREND1: "Futures traders sometimes use a max stop loss of 8%."

My impression is that most successful options traders use ATR to size trades and set stop-loss levels (as well as entry levels). This makes the stop-loss automatically adaptable to market conditions. Check out the link below. It is one of many on the subject.

http://www.turtlezilla.com/trading-strategies/average-true-range-atr---an-indispensable-tool/