I am so sick of this line BS...who said they will if ever? Is this nitwit just gonna sit and watch his holdings wither away...if so he deserves to die penniless and poor...Its called a stop loss Moron...put it at 10% on every thing you enter...and don't think just act when its hit...your not smart enough to think...
I taught a rich friend of mine about stop losses and shorting 3 years ago...he has damn near doubled his account on the way down.....these bitching moaning complainers make me sick...
don't mention such things
first, you'll be attacked by the rose-colored glasses crowd, many of whom have had theirs permanently installed by a professional
second, you'll let everyone in on the secret that markets go down a hell of a lot faster than they went up, and they'll begin to understand how much fun those of us who have been short for the last three years have been having
then they'll start demanding that you explain futures and options and options on futures to them
which'll just confuse 'em
better to remain silent and let the whiners whine some more as the last 25% of their equity goes up in smoke....