Quote:
Originally Posted by bomber317
Stop losses would have killed you yesterday. Unless the exchanges are reversing the trades that happen during the "error".
Just to clarify, I'm a proponent of stop losses if you're not constantly watching over the markets (which a long term investor shouldn't be looking at them all the time).
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I had a bunch go off on Wednesday so I got lucky. I know what you are saying though with the gapping down...Stop limits won't help either....Puts are your best protection in that type of situation.....