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I take efp stops
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> From: Ira <ist@xxxxxx>
> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Subject: Re: overnight markets
> Date: Friday, February 05, 1999 10:38 AM
>
> My broker doesn't either. There appears to be no official method of
> placing a stop on the globex or forex markets. Some firms will take
stops
> on a not held basis. I have even seen messages from traders in this
forum
> state that they have a broker that will take a stop. If I want to trade
> the currencies at night or overnight I just by a call or put as a safety
> net and that will define my absolute risk to the penny. It does reduce
> your profit a little, but it also allows for a good nights sleep. Ira.
>
> al neubauer wrote:
>
> > does anyone know a broker(on-line or conventional) that can place stop
> > stop orders in night currency markets. my present broker doesnt. i'd
> > like to trade the yen and other currencys but would like to be have a
> > protective stop in at all times.
> >
> > any help is appreciated.
> > al neubauer
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