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On stocks with ordinary volatility I've had success setting stop loss order
level between 5 and 10% below current price. Increase percentage (lower
stops) for very volatile stocks.
-----Original Message-----
From: Stavros Hadjichristofi <stavrosc@xxxxxxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Monday, April 26, 1999 11:32 AM
Subject: Stop Loss Orders
>
>Hello everyone
>
>I am not an experienced trader but I am doing quite well until now.(about
180%
>since January) However, I am having trouble setting my stop loss orders.
Some
>of my stocks are very volatile and drop a lot in price before they start
going
>up again. Please let me know of any ideas about setting stop loss orders.
>Thanking you in advance.
>
>Stavros
>
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