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Old 10-27-2005, 02:02 PM
r3vbr r3vbr is offline
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Join Date: Sep 2004
Posts: 75
Default Re: Just bought my 1st 2 stocks

The concept of "stop-loss" is irrational.

As someone smart once said..
If you value something at 10, you're a buyer at 8 and a seller at 12.

So if you buy a stock at 10 and put a stoploss at 8 means you're a seller at 8? that doesnt make sense. People who do this are buying something they have no idea what it's worth
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