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Re: Let's give "stop hunting" a rest
Hi Folks
Traders can learn to use options.The best options to buy are under 4 days left to expiry , and at the money.The less time there is to expiry ,the lower the cost.
The alternative is trade with limited risk ,using a hedged strategy which is not fully hedged.
Many years ago I used to trade Dow Futures .I placed a stop loss/limited risk bet.In the morning I was told the position had been closed overnight,as the broker ran his own book trades (which did not have to correspond 100% with the market),and trades were placed on the brokers bucket shop which wiped my position out.It was a $5,000 night out with robbers.
I have never since used stop losses
El cid
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