Comments on: Jim Cramer on stop loss orders–terribly wrong again! KCI soars; How I trade the 3X ETF’s http://wishingwealthblog.com/2010/03/jim-cramer-on-stop-loss-orders-terribly-wrong-again-kci-soars-how-i-trade-the-3x-etfs/ A stock trading blog by Dr. Wish Wed, 23 May 2012 14:21:08 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: peteyb http://wishingwealthblog.com/2010/03/jim-cramer-on-stop-loss-orders-terribly-wrong-again-kci-soars-how-i-trade-the-3x-etfs/comment-page-1/#comment-3906 peteyb Sat, 19 Nov 2011 16:28:41 +0000 http://wishingwealthblog.com/?p=2174#comment-3906 I love Cramer and attribute my consistent performance of beating the averages to him. Regarding stop loss strategy, I DO NOT use it and have benefitted greatly. Specifically, during the flash crash. Quite the oppostite. I had a handful of limit buy orders in at the time. All of them hit and immediately bounced back. A huge gift and I wouldn't have had that strategy without Cramer! Easily, the best teacher of investment strategy for the average person. The proof is in the results and I'm much better off for listening and reading Cramer's books. I love Cramer and attribute my consistent performance of beating the averages to him. Regarding stop loss strategy, I DO NOT use it and have benefitted greatly. Specifically, during the flash crash. Quite the oppostite. I had a handful of limit buy orders in at the time. All of them hit and immediately bounced back. A huge gift and I wouldn’t have had that strategy without Cramer! Easily, the best teacher of investment strategy for the average person. The proof is in the results and I’m much better off for listening and reading Cramer’s books.

]]> By: Amit C http://wishingwealthblog.com/2010/03/jim-cramer-on-stop-loss-orders-terribly-wrong-again-kci-soars-how-i-trade-the-3x-etfs/comment-page-1/#comment-1548 Amit C Thu, 20 May 2010 23:10:01 +0000 http://wishingwealthblog.com/?p=2174#comment-1548 Hi, Any new thoughts or blog post on the stop loss strategy after the flash dip earlier? What was your experience during that phase? Personally, I keep mental trailing stop loss, baised by some observations attributed to Zweig. Regards Amit Hi,

Any new thoughts or blog post on the stop loss strategy after the flash dip earlier?
What was your experience during that phase?

Personally, I keep mental trailing stop loss, baised by some observations attributed to Zweig.

Regards
Amit

]]> By: Duude http://wishingwealthblog.com/2010/03/jim-cramer-on-stop-loss-orders-terribly-wrong-again-kci-soars-how-i-trade-the-3x-etfs/comment-page-1/#comment-1326 Duude Thu, 15 Apr 2010 05:22:10 +0000 http://wishingwealthblog.com/?p=2174#comment-1326 Frankly, I can't stand Cramer, but I failed to do is explain his opposition. I believe stops can be an excellent strategy, but they aren't in all cases. A case in point where one might set a stop below an obvious support and the stock has average volume less than maybe 300-400 thousand on average. While this isn't exactly a thinly traded stock, its quite common for a stock at support to sometimes reach down 1-2% below support to clear out the stops. This isn't by accident and if it happens at all seems to occur more often in the earlier trades of the day. One can say they're just setting stops too close to support, but 2% away? More widely traded stocks are harder to manipulate due to the sizable volume. Frankly, I can’t stand Cramer, but I failed to do is explain his opposition. I believe stops can be an excellent strategy, but they aren’t in all cases. A case in point where one might set a stop below an obvious support and the stock has average volume less than maybe 300-400 thousand on average. While this isn’t exactly a thinly traded stock, its quite common for a stock at support to sometimes reach down 1-2% below support to clear out the stops. This isn’t by accident and if it happens at all seems to occur more often in the earlier trades of the day. One can say they’re just setting stops too close to support, but 2% away? More widely traded stocks are harder to manipulate due to the sizable volume.

]]> By: Joseph http://wishingwealthblog.com/2010/03/jim-cramer-on-stop-loss-orders-terribly-wrong-again-kci-soars-how-i-trade-the-3x-etfs/comment-page-1/#comment-1293 Joseph Wed, 24 Mar 2010 14:38:27 +0000 http://wishingwealthblog.com/?p=2174#comment-1293 I stopped listening to "blabber mouth" Cramer a long time ago. I dont know why you, ERIC, even listen to this guy. BTW, don't you think US Steel (X) has just completed a CUP and HANDLE? I invested in X one month ago. Check it out I stopped listening to “blabber mouth” Cramer a long time ago. I dont know why you, ERIC, even listen to this guy. BTW, don’t you think US Steel (X) has just completed a CUP and HANDLE? I invested in X one month ago. Check it out

]]> By: Adam http://wishingwealthblog.com/2010/03/jim-cramer-on-stop-loss-orders-terribly-wrong-again-kci-soars-how-i-trade-the-3x-etfs/comment-page-1/#comment-1280 Adam Wed, 17 Mar 2010 05:13:42 +0000 http://wishingwealthblog.com/?p=2174#comment-1280 Anyone who follows jim cramer (total crook) and any of his so-called advice is doomed to start with. They might as well take their money out in the backyard, put it in a pile. Then light a match.... Anyone who follows jim cramer (total crook) and any of his so-called advice is doomed to start with. They might as well take their money out in the backyard, put it in a pile. Then light a match….

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