Enjoy your stop loss comment "if you can't afford to lose the
money, why be in the market".
According to me there are always 2 ways to look at it, such
as in an uptrend market the STOP LOSS is more important to lock
For example: We have just watched a
spectacular increase in ADV today. The cyclical nature of the
sharemarket price will retrace again (may be tomorrow?).
The STOP LOSS will help you get out of the market with
On the other side I bought ITCOD a while ago at a price
which is higher than the ITC price today!!!!!!!!!!!!!!!!!
I regret it that I did not put STOP LOSS for that, not
because I can afford to lose the money, but because I've been beaten but the
I thought as an investor we are always racing to beat the
---- Original Message -----
Sent: Tuesday, 29 February 2000
Subject: [sharechat] stop-losses
Was just thinking......all those people baling
out of shares, many of them cite that their "stop-loss" has kicked in, so they
sell, ...given the cyclical nature of the sharemarket, and obviously we are
presently near the bottom (we hope) of a downward wave- we've seen it
before... & before too long things will be rising, well, aren't these
"stop-losses" a bit nonsensical. Personally, I would rather hang on for the
ride, than bale & get depressed. You might say "Oh yeah, but what if you
can't afford to lose the money".. but surely if you can't afford to lose the
money, why be in the market. To my mind this "STOP-LOSS" mentality could be
what is ailing our market.