** automatic stop losses = trouble **, page-10

I also see the placement of a stoploss order in the market as being a waste of time and is allowing some out there to profit from hitting them having prior knowledge of were they lie... i have also witnessed quite a few vicious sell downs only to see the share gain back most of its lost ground in literally seconds..

If your watching the market mostly fulltime you should have a stoploss worked out be it a percentage of the current price or under/above prior support/resistance/fib levels ect allowing enough room for scare tactics employed by instos and possibly cfd providers.

The couple of times ive placed a stop in the market in the past is when ive had to go out for a while and only if the share/instrument is volatile at the time.....otherwise its a mental stop 99.9% of the time.


My opinion only, please form your own.