During the few seconds a stop order takes to be transmitted online, the stock has dropped below the stop price, so the order was not executed. This is not only my personal experience, so now brokerages are putting disclaimers and warnings on their websites. If your emotions get involved in your decisions its easy to lose money. Pet stocks can tie up your money for months. It s better to take a loss and buy a winner than to wait for the loser to come around.
Technical analysis provides some very good tools for choosing buy and sell points.
They expect that the session will run from 5 or 6 p.m. through 9 p.m., and have advised brokerages to staff their trading desks for those hours, so those without electronic trading will be able to participate. They expect it to be up and running by the third quarter of this year. The December SEC ruling went into effect, and Island announced they will register as an independent stock exchange. I expect the others will soon follow. The SEC has ruled that stock exchanges can now be operated for profit.