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Placing Stop Loss:Innovative Method in Case One Can Watch Screen-II

Posted By On 12/21/2007 04:04:00 PM Under
1. If one is in a position to sit in front of the broking screen/terminal than one can put in a stop loss order for two shares.

2. Now one gets to know that the stop loss has been triggered than one should just watch the price and if it is not going up immediately i.e no sharp price up movement is seen than one can exit the remaining quantity at the stop loss level.

3. This strategy enables one to guard against the manipulation techniques where weaker hands are forced to exit at supports and than a huge upmove undertakes as same was not natural but was simulated by the manipulators to get the stop loss levels triggered.

4. One should understand that when the stop loss orders are taken by manipulation, the price will hit the order and than it moves up immediately (within seconds).

5. If after hitting the stop loss level the price remains there or starts a downward journey than one can just exit like a machine.



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