The most important thing for a trader is stop-loss. The real charecter comes into play when the trade does not go right. Do u sit and pray or cut your position at a pre-determined stop-loss limit...
RE:Stop Loss
by Sathish N on Dec 08, 2007 12:39 PM Permalink
Stop loss is the worst thing to do. Brokers and insiders generally have a view of the stop loss price and so many time do a small trade for that value and mop up the stocks.
