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Message: Re: "All Over the Place Investment - Stop Loss
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Re: "All Over the Place Investment - Stop Loss

posted on Feb 19, 2008 11:22PM

Ya Miss Deb,

Stop loss anna other order fo' same amount o' stock cannot exist inna da same system. Ya donna have ta stop loss all yo' shares. BMO hassa useful trailin' stop loss feature.....dat moves yo' stop up daily based upon previous day's tradin' price.

Eg: Ya can stop loss 10k SGX @ .69 when ya sees SGX runnin' up ta .80 anna hoverin' around .75.......anna also put sell in fo' different 5K shares o' SGX @ .90 cents.......I did dis last fall anna was happy assa SGX fell ta .40 cents within 2 hours.

So Stop Losses are useful......but da Rock donna put dem in onna everything.........just fo' like above........catchin' a run profits............or fo' protection ...........iffa ya are unsure 'bout stock:

EG: da Rock put stop loss onna 5 K PRZ @.22 cents, when PRZ hoverin' @ .26 cents.............anna a few weeks later PRZ dropped ta .16 cents..........so da Rock got out atta loss for 5k...........by da way da Rock still holdin' PRZ.

Agin, just donna use stop loss onna everythin'.

Just da way I see dat!

HardRock

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