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Effects of not keeping a Stop Loss

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  #101  
Old 6th January 2008, 12:20 PM
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Default Re: Effects of not keeping a Stop Loss

Dear Sir,

Can you put SL for a period of 1 month if you are out of station? How this is possible?

regds
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  #102  
Old 6th January 2008, 12:31 PM
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Default Re: Effects of not keeping a Stop Loss

Can we put double qty in the Stop Loss order.
Say on last friday in Divi's Lab Fut if you Longed around 2.10 on a 10 min chart say at 1928.00 could we put Double qty at say SL 1918.00.
Does any of ATR ,blah blah helps to find that point.
Stop Loss is a price point ,which should be such that my position should be reversed,becoz the basic premises for Stop is THUS FAR & NO FURTHER,hence should'nt the trade be reversed from that point.Rather our attitude is we are giving Leeway for the Stock's movement(historical).
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  #103  
Old 7th January 2008, 12:02 PM
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Default Re: Effects of not keeping a Stop Loss

So to-day also 1918 in Divis Lab Fut has acted as Resistance Point for Longs ,as also the Mkt was not favourable in the opening.
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  #104  
Old 11th January 2008, 09:29 PM
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Default Re: Effects of not keeping a Stop Loss

without stop.......is living with a poisonous snake,.......with stop.......u have taken poison out of it........
today i know......however good a snake charmer u r........i am grasping by its kiss
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  #105  
Old 11th January 2008, 11:22 PM
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Default Re: Effects of not keeping a Stop Loss

If you want to be a daytrader, keep a stop. If you dont want to be a daytrader then dont keep a stop. Its as simple as that.

A stop will give you more lives to come back and fight another day.

How many times does your account have to be wiped out before you decide to give trading.
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  #106  
Old 12th January 2008, 01:27 PM
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Default Re: Effects of not keeping a Stop Loss

I dont know who in his out of mind condition coined this term stoploss, go back and have a look at any of the stock you bought at any level and got out of it due to stoploss since the bull market of 2003 started, i am sure you will find every stock at higher levels than where your stop loss awarded you a loss, huh.

Money was, is & will always be made by buying stocks in bull market and shorting a bear market' ALWAYS
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  #107  
Old 12th January 2008, 01:36 PM
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Default Re: Effects of not keeping a Stop Loss

in volatile maerket like this time sl is always triggerd in volatile market deciding of sl level is too hard
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  #108  
Old 12th January 2008, 03:56 PM
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Wink Re: Effects of not keeping a Stop Loss

To cut a long story short, stop loss is like your car's sit belt.
Though u may not be comfortable with it while rash driving;
It is the only one which protects u in case of fatal road crash.
similarly stop loss protects u in case of major market down falls.
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  #109  
Old 12th January 2008, 10:33 PM
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Default Re: Effects of not keeping a Stop Loss

Quote:
Originally Posted by livermore View Post
go back and have a look at any of the stock you bought at any level and got out of it due to stoploss since the bull market of 2003 started, i am sure you will find every stock at higher levels than where your stop loss awarded you a loss, huh.
What about a reentry after hitting a stop?
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  #110  
Old 15th January 2008, 11:44 AM
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Default Re: Effects of not keeping a Stop Loss

Hari i think livermore is trying to suffer what is called idiot's loss by not practicing stoploss
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