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Re: How did you do today during the correction?
I was in cash but I do prefer trailing stops to regular stops as a backup. I would imagine even market orders were getting some big spreads this afternoon. I saw NYSE traded 2.6Billion shares and Nasdaq 3B. thats just a lot of orders and a lot of the movement was in a matter of minutes. Pretty crazy to watch it drop 200pts faster than it takes me to write this message.
And I think its too simplistic to say the rule/MOS would have protected you (100%) today. The market has been due for a correction. But there were still businesses at or past the MOS with good signals that got hammered.
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