Re: ... "set a stop-loss price" is NOT "place a stop-loss order"

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dvdgray

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Re: ... "set a stop-loss price" is NOT "place a stop-loss order"

in response to

Re: A note on discipline... "set a stop-loss price"

Edgy

posted on Feb 12, 2010 03:01PM

Hi, Ed-

Again, I did not say to place a "stop-loss order".

What sum4all was advocating (I believe) is *at purchase time* noting (to onesself) two sell prices: a minumum "stop-loss" and a maximum "take profits". This avoids advertising ones intentions and avoids having greed take over.

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