Wednesday, May 11, 2011

Darth Vader, Peter Sellers and Stop Losses. $study

Stop losses are so important. Not using them makes you look like Peter sellers in this scene I´ve blogged about before...you just stare as the position moves against you.

http://jpotrading.blogspot.com/2010/09/link-between-not-using-stop-losses-and.html


I encountered another scene pertinent to the issue of using stop losses....how often have you told yourself  "I will never again overide or not use them" but end up doing so....again? Just like Darth Vader keeps puting his foot in the oven in the following video...