So, Stop Loss Orders HAY!
NOT in the Junior Markets nor the Financials all of last year.
From my discussions with those who Tell Clients to use thses "Instruments of Death", the ONLY conclusion that ever makes these things sound SMART is for the Old Lady who never ever handled money in her life, having inherited money such that she felt she needed to have a SLICK Account Advisor handle her Inherited Money.
Guess what! The Old Lady was put in the Ground at Government Expense. Thus, NOT only did the STOP LOSS ORDER syndrome loot her Account. it Put the Old Lady into a Government Grave Yard. And in little time flat!!!
Question for you rob25 is: When do you expect to be calling yourself ROB26?
Old Joe
PS: Strange that those good at something are so often left at the mercy of Accont Advisors and Account Advisor Trainers. Little old Ladies being good at Living! NOT with Inherited Money, all too often!