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Greg Utas wrote: that are triggered to limit losses. These orders are visible and can cause
That's why I don't use them. I use plain limit for a couple of days and when it is over I see how things are going and do another order myself.
In case of a big rise I might earn less, but in case of a fast down spiral, I won't get triggered and haev my time to re-think if I want to change my strategy or not.
M.D.V. 
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It's often a good idea to limit your losses (or preserve your gains), and what you're doing is the right approach. There's no point in managing your own portfolio unless you're willing to put in a little time to monitor it. That said, it's easy to get whipsawed if you worry about declines too much. If there's no reason for the decline, such as bad news from the company or a stock that was quite overvalued, a decline can be a buying opportunity.
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Greg Utas wrote: It's often a good idea to limit your losses (or preserve your gains)
But automatic tools can be fooled (as you said)
Greg Utas wrote: There's no point in managing your own portfolio unless you're willing to put in a little time to monitor it.
Exactly
Greg Utas wrote: uch as bad news from the company
wirecardGreg Utas wrote: a stock that was quite overvalued
Tesla
Greg Utas wrote: a decline can be a buying opportunity.
Yeah... if you still trust that company to survive.
M.D.V.
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For your second point: I had gotten in on Amazon on the day of the IPO - not as an IPO person but a first day buyer. By the time the report came back I was down US$400. Well, I waited and eventually it started to rise so I put in (as you astutely noted) that stop-loss order. Sure enough, I was out in no time at all (made $800). Then I watched as it went up and split and went up and split . . . my 200 shares would have been worth US$250,000 before the first year was out - and if I held it until now I'd have my millions. But I didn't, did I? Dirty SOB's ! I need the money more than they do.
As for the panic? I haven't done that - but I have been hit by margin-calls. That's the equivalent of "panic selling on steroids". First, with silver futures, having shorted 10,000 ounces (=2 contracts). Other times included the various crashes, like 1987.
Interesting thing: if you have suggestion enabled on a google search bar and type in "market crash of", the list of dates is, well, impressive.
What I found as my primary weakness is not setting a sell price and sticking to it. So it goes up and I hope it will still rise - and it goes down. My philosophy, which I neglected all too often is as follows: YOU NEVER LOSE MONEY BY TAKING PROFITS. Discipline. I admit my failing.
| Ravings en masse^ |
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| "The difference between genius and stupidity is that genius has its limits." - Albert Einstein | | "If you are searching for perfection in others, then you seek disappointment. If you seek perfection in yourself, then you will find failure." - Balboos HaGadol Mar 2010 |
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... An arial view of ancient Rome[^] 
"I have no idea what I did, but I'm taking full credit for it." - ThisOldTony
"Common sense is so rare these days, it should be classified as a super power" - Random T-shirt
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Did the colloseum grow? If at same distance, it should be same size.
Explain the joke for the slow ones.
Bastard Programmer from Hell 
"If you just follow the bacon Eddy, wherever it leads you, then you won't have to think about politics." -- Some Bell.
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"Times New Roman" ?
M.D.V.
If something has a solution... Why do we have to worry about?. If it has no solution... For what reason do we have to worry about?
Help me to understand what I'm saying, and I'll explain it better to you
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That's like my ex-wife giving hints.
Never got any. Hence, "ex-wife". We not on Jeopardy.
Bastard Programmer from Hell 
"If you just follow the bacon Eddy, wherever it leads you, then you won't have to think about politics." -- Some Bell.
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Arial[^], Aerial[^], Times New Roman[^]
"I have no idea what I did, but I'm taking full credit for it." - ThisOldTony
"Common sense is so rare these days, it should be classified as a super power" - Random T-shirt
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Thanks for the hints. Let's divorce.
Aw, we not married. Why you giving hints, instead of explaining?
Bastard Programmer from Hell
"If you just follow the bacon Eddy, wherever it leads you, then you won't have to think about politics." -- Some Bell.
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Because every time you explain a joke, god* kills a kitten ... 
* Not your god, obviously. Some other god. And since only your god (whichever that may be, and I'm not judging) is real, all the others don't exist so all kittens are safe. Aw.
"I have no idea what I did, but I'm taking full credit for it." - ThisOldTony
"Common sense is so rare these days, it should be classified as a super power" - Random T-shirt
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I didn't give a hint because I don't want to explain it to you.
I gave your the hint, because I don't understand it either, but I can imagine that it is related to that.
The only thing I could think of is the discrepancy on the font size when you compare arial and times new rowman.
Or some kind of pun / double meanings that I don't see because I am not native speaker.
Either way... take it easy Eddy... not all the people is willing to annoy / troll you on purpose
M.D.V. 
If something has a solution... Why do we have to worry about?. If it has no solution... For what reason do we have to worry about?
Help me to understand what I'm saying, and I'll explain it better to you
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Nelek wrote: Or some kind of pun / double meanings that I don't see because I am not native speaker.
Ditto; but it's from those kind of yokes you learn more about the language.
Nelek wrote: Either way... take it easy Eddy...
Good advice.
Nelek wrote: not all the people is willing to annoy / troll you on purpose
Maybe, two, three people tried and mad me a bit pissed; compare that to the support of 14 million members.
..but not understanding a simple (?) joke is frustrating.
Bastard Programmer from Hell
"If you just follow the bacon Eddy, wherever it leads you, then you won't have to think about politics." -- Some Bell.
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At Times I feel like a New Roman!
"In testa che avete, Signor di Ceprano?"
-- Rigoletto
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You are just a font of wisdom today.
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No Comic Sans?
Anything that is unrelated to elephants is irrelephant
Anonymous
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The problem with quotes on the internet is that you can never tell if they're genuine
Winston Churchill, 1944
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Never argue with a fool. Onlookers may not be able to tell the difference.
Mark Twain
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You're just after Bread and Circuses...
"I have no idea what I did, but I'm taking full credit for it." - ThisOldTony
"Common sense is so rare these days, it should be classified as a super power" - Random T-shirt
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@GregUtas
Where's the CCC?
You realize I use this so often it's now in my boilerplate app?
"I have no idea what I did, but I'm taking full credit for it." - ThisOldTony
"Common sense is so rare these days, it should be classified as a super power" - Random T-shirt
AntiTwitter: @DalekDave is now a follower!
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It could probably be coded, but ... it's not something this site would want to be associated with.
It's against Instagram T&C's and almost certainly the site owners will already be looking for such things. (Most social media sites already police such activity pretty effectively).
Technically, it's malware, and possibly illegal: it's an attempt to defraud. This site is for professionals, and does not get involved in supporting or producing malware in any way, shape, or form.
"I have no idea what I did, but I'm taking full credit for it." - ThisOldTony
"Common sense is so rare these days, it should be classified as a super power" - Random T-shirt
AntiTwitter: @DalekDave is now a follower!
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Member 15064328 wrote: basically good bots
There is nothing good about fraud.
And I don't mind saying, there is also nothing good about people trying to "get rich quick" at the expense of others.
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Member 15064328 wrote: basically good bots. If you are willing to put on some work we can later sell this service or the code itself and make big money
European law says no; if I help, I be labeled a criminal.
Read their TOC.
Bastard Programmer from Hell
"If you just follow the bacon Eddy, wherever it leads you, then you won't have to think about politics." -- Some Bell.
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Eddy Vluggen wrote: if I help, I be labeled a criminal.
Even if you don't help, you are still a criminal.
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20212 wrote: Even if you don't help, you are still a smooth criminal.
FTFY  
M.D.V.
If something has a solution... Why do we have to worry about?. If it has no solution... For what reason do we have to worry about?
Help me to understand what I'm saying, and I'll explain it better to you
Rating helpful answers is nice, but saying thanks can be even nicer.
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20212 wrote: Even if you don't help, you are still a criminal.
Well, yes. But that's not the point.
..and there's no proof of me being a criminal.
Bastard Programmer from Hell
"If you just follow the bacon Eddy, wherever it leads you, then you won't have to think about politics." -- Some Bell.
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