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Bullboard - Stock Discussion Forum Whitecap Resources Inc T.WCP

Alternate Symbol(s):  SPGYF

Whitecap Resources Inc. is an oil-weighted growth company. The Company is engaged in the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its core areas include the West Division and East Division. Its West Division is comprised of three regions: Smoky, Kaybob and Peace River Arch (PRA). The properties in its Smoky region include Kakwa... see more

TSX:WCP - Post Discussion

Whitecap Resources Inc > Moving averages and Stop loss orders
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Post by WINDGOD46 on Aug 17, 2021 7:40pm

Moving averages and Stop loss orders

A lot of people tend to put "stop loss" orders right bellow the 20,50,100 or 200MA. That is a no no for the shorts know that and press the sale bellow these MA'S to generate bussiness for themselves. They can trigger those Stop Loss orders and  effect the sale. I do not put stop loss orders I can monitor the movement of a stock in a volatile day. People lose money because the Crooks, Shorts and company trigger the stop loss orders. So smarten up guys all those who are rookies in the market.
Comment by satchmo6 on Aug 17, 2021 9:48pm
used to stoo loss in a fast volatile mkt---now we have better luck waiting 3 days or less
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