Monday, July 13, 2009

Re: [TheOptionClub.com] Poll: Stops on Spreads




I dont.

In fact TD Ameritrade doesn't even have a way to put one on.

I like alerts because I cant watch everything all the time.

----- Original Message ----
From: cguy444 <carmelo5791@aol.com>
To: OptionClub@yahoogroups.com
Sent: Monday, July 13, 2009 10:51:33 AM
Subject: [TheOptionClub.com] Poll: Stops on Spreads

I believe this came up briefly in the past, but I was hoping we could reiterate this.

Question: "Do you use stops on your spread trades?"

I have been using stops; and I've been stopped out on a couple of positions where it would have been better to have no stop in place as the price reverted back promptly. I took a loss and didn't have to.

Thanks for the input!

Carmelo

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The goal of TheOptionClub is to provide a forum for members to work together for the purpose of furthering our individual understanding option trading.  All messages and postings, and any materials circulated are provided for discussion and educational purposes only.  No statement contained in any materials from TheOptionClub should be considered a recommendation to buy or sell a security or to provide investment, legal or tax advice.  All investors are encouraged to consult a qualified professional before trading in any security.  Stock and option trading involves risk and is not suitable for most people.  There is no guarantee that any information provided is accurate and, may in fact, be wrong.  It is understood that the participants in TheOptionClub have varying backgrounds and degrees of experience in option trading, and that regardless of experience each member is considered a student.  As such, any information distributed through TheOptionClub should be considered with a critical mind and not relied upon as an authoritative source.

To unsubscribe from TheOptionClub, send an email to:
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