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beagle3
on Nov 7, 2012
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How I made $500k with machine learning and high fr...
Stop orders don't guarantee execution or any specific limit to the loss; During a flash crash, you'll realize that a "10% stop loss" order CAN become a 50% loss.
toomuchtodo
on Nov 7, 2012
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[–]
This. I'm
very
familiar with stop orders. They're useless once the market goes to hell (the exact conditions you
need
them in).
raverbashing
on Nov 8, 2012
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I don't disagree with you, still, 50% losses are not 100% losses (or even more than 100% losses)
So I guess they have a role in limiting losses (which had they not been there would be much bigger)
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