RE:RE:RE:RE:RE:RE:RE:RE:When do you guys think we should get out?! Yes exactly. I used to use stop losses to protect my trades but I stopped when I found out it was abvious my stops were being monitored on level 2 by "robots". Now I use stop losses only to protect profits, raising the limit as the stock goes up in price. But as you're saying, it still doesn't protect you against news in pre-market or after-hours.
Marcel7 wrote: time a peak. A trailing stop when a stock is moving up allows you to hang onto your exposure to the upside, and then you get off when it starts to turn. But using a stop loss for anything other than intra day trading, or using it to manage downside risk is fraught with dangers. It is likely to give you a false sense of security.