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FrankSlaughtery

Registered: Aug 2010
Posts: 811

10-07-12 12:38 PM

agree w/ everything except for what daring said re using no stops.

what happens the one time he goes outside to paint his house and comes back in to find the spx locked limit down b/c of a dirty bomb attack in ny?

bottom line, no one is "out to get you", yes you will bottom tick the market some times but there's nothing you can do about it. it's just the cost of trading.

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siki13

Registered: Apr 2005
Posts: 297

10-07-12 04:06 PM

Quote from _PD_:

Both stops were hit, to the penny, at the low of the day.
My question is, how likely is this to happen?

Very likely.
I often wondered have can things, that you would expect can only happen maybe once a year,happens once or even multiple times a day(well that depends on how often do you trade

) .
All i know is every time you dont open AND close a trade according to your plan
market is gonna punish you .

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