stop loss orders

    Stop loss uslessss

    Posted by lcstrickland on 15th of Jul 2010 at 10:52 am

    DON"T use stop loss orders!!!  You can use a stop order CONTINGENT on certain conditions being met and the market makers can't see your sell price. They can see all other sell and buy orders and will stop you out every chance they get~~~if you are going to use stop orders...ONLY use contingent orders!!

    but as I said below,

    Posted by Michael on 15th of Jul 2010 at 11:07 am

    but as I said below, unless its a thin stock, what difference does it make if they see your stop order or not -- if its at a logical level there will be lots of stops clustered there and you'll get taken out anyway.  Or am I missing something?

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