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They did learn something in 1987. Ira
THE DOCTOR wrote:
> The electronic book at the CBOE does accept stop orders. It cannot accept a
> stop limit, but it will accept a stop. Stop loss orders are perfectly legal
> in options, but few brokers accept them ... except on a best efforts basis.
>
> Marcelo Martinez wrote:
>
> > I have been day trading OEX options for 2 years with some success. I
> > have spend the last 2 months, just perfecting my method.
> > I am ready to start trading again but I have a question I need answered.
> >
> > Is it better to day trade OEX options for risk control, however, the
> > downside is that I have to keep track of the premium as well , and I
> > can't really put stop loss orders on options.
> > The SP although more risky, it would seem I would be trading the
> > instrument directly, and I could use stop loss orders.
> > Again, this would be for day treading only.
> >
> > Thanks,
> >
> > Marcelo
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