RE:Stop Losses are Good and BadDue, I only use stops if im up alot, like from this fri to mon... and i put it 2 percent below prev close, or sometimes even closer if the run has been more aggressive.
I am not even awake during morning hours due to my regular job, and this would potentially protect me from losing more than i care to mention here.
Today, that came in mighty fine handy, sure, i could have sold 8 percent higher. But i would have had to stay up all night... ditto...
Am waiting to see if momentum continues or sell the news is the thing now.. with it passing the commons.
The senate could potentially create some uncertainty.
Nonetheless, I have nothing to complain, I am making money, as is everyone else i hope:)