Death by a Thousand Cuts

MaoXian gives an excellent illustration of how the market hunts for stop loss orders. And I love the quote he references -- "Trading is the toughest way to make an easy buck." Truer words have never been said. :-)

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Quoted

"I am far more interested in avoiding risk than I am in capturing every opportunity. My philosophy says that loss of opportunity is preferable to loss of capital." ~ Joseph DiNapoli
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This page contains a single entry by Michael published on July 29, 2003 2:43 PM.

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