jrobinson170's  Instablog

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I am a 41 something year old male. I have worked for UPS for over 20 years. I am investing for financial independance and the joy of finance. I believe in Nanotech, Robotics, and the next revolutionary technology. I learned to invest before the internet bubble (with no money), and started... More
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  • Stops And Limits 0 comments
    Jun 27, 2013 9:30 PM

    Getting stopped out of xone cost me 6k in lost profits. I missed 1000 shares of IRBT at 10/share in 2008 over a limit order of 10 and it never went below 10.01 that day. I don't use limit orders any more. I either use market orders or Stop loss orders. I need more time to see if I save more from losses or lose more in lost profits to make a final decision on how effective my Stop/loss strategy is.

    ssys bought makerbot and I'm buying that soon I think.

    June 2013

    Disclosure: I am long IRBT.

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