(Total Views: 249)
Posted On: 04/24/2017 1:10:46 PM
Post# of 72447
Re: NotRichYet2 #33241
NotRichYet2 is absolutely right. NO STOPS. It gives them an incentive to manufacture a bear raid so that they can stop out the naive people who put the stops in.
How would you feel if you were stopped out at .65 on Friday and then see it over 10 cents higher today? So that if you want to get your position back, you now have to pay 15% more, PLUS if you buy it now, it will be a "wash trade" under IRS rules, so that you will not be able to deduct your loss from being stopped out.
How would you feel if you were stopped out at .65 on Friday and then see it over 10 cents higher today? So that if you want to get your position back, you now have to pay 15% more, PLUS if you buy it now, it will be a "wash trade" under IRS rules, so that you will not be able to deduct your loss from being stopped out.
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