Posted 9/21/2010 09:42 (#1368209 - in reply to #1367997) Subject: Stop are good. Takes out Emotion
Having sometimes made the wrong trades on emotion, when one uses sell stops a person has control of his position without letting the market dictate ones decisions through emotions. I to very seldom use stops but when things go against your position it's very hard to pull the trigger at times.
Sell stop
