If you have only been trading a very short period of time.... No way you should be shorting !!!!!! That is for experienced traders only..... Trade MSFT, CSCO, DELL only for a year..... Learn the market......OR...you will lose your money... SteveD
Hi, I am new at trading too, and I can identify with experimenting with where to put stops. I too have put them too close only to have my stock sold and rise again. So then I let some ride, thinking that I needed to be patient and wait a few days. But, if this market is headed down hill, I could be waiting a few years for the same stock to come back up hill. It was easy to make money until last week. And now I am using my Thinkorswim paper money (fake money) to test new ideas. I am also going to limit the number of real trades I make so that I have time to learn this new market without learning it in a panic.