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I do not use STOP LOSS on Nasdaq; unlike NYSE/AMEX where an actual trade is required to trigger a SL, the Nasdaq requires only a bid.
I learned this the hard way being sold out of a position with a SL 15% below the trades for the day. My SL became a mkt order and I had to buy back the next day for $2 more /share and ended up with a large unintended short term tax bill Rating :
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21/Male |
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Stop-loss orders? You have got to be joking!
The "tr...
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ssn98765432... |
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21-Oct-09 09:49 am | ||
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ssn. Boy if your post doesn't raise red flags I d...
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forestmump@... |
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21-Oct-09 11:42 am | ||
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as you can imagine most of the top money managers,...
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risktrapper |
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21-Oct-09 01:56 pm | ||
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Ofer Adler and a few well healed Israel based...
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bearsfan890... |
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21-Oct-09 07:08 pm | ||
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Re: Serious Word of Caution about Stop Loss Orders
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wiesau93 |
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24-Oct-09 09:56 pm | ||
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Apparently we have new people here who missed this...
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jim_oldirvi... |
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24-Nov-09 02:59 pm |
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