“The major advantage of using protective stops is that, before a trade is initiated, you have a pretty good idea of where you will be getting out of the trade if it’s a loser. “
Stops can be dangerous. For example, you have a stop at 90 on a stock at 100. The next morning it opens on rumor at 50. Your stop sells it at 50. Moments later, rumor is debased and it returns to 90. You just lost big time.
Better question: Where is Germany’s gold that was vaulted in the U.S.? A gift from 0bama to the Muslim Brotherhood?
Interesting