GREY:CLLZF - Post by User
Post by
rehsifylfon Jan 17, 2011 3:20pm
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Post# 17985319
And thats why you don't use stop losses on the TSX
And thats why you don't use stop losses on the TSXMarket makers are fully aware of any stop losses that you place with your broker and can force a whipsaw in the price, bumping you out of your position and then running the price right back up again. If you like the stock, you can always buy it back.For all those that were "protecting" some recent profit on CLL by putting a stop loss in at 1.34 or 1.35 - you just got stopped out and the market ask is right back to $1.36.