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Stops

  • October 9, 2000
  • Larry Connors


Stop orders must become traders’ and investors’ best friends. Stops must
become the most important part of the trading program. The moment an order is
filled, a protective stop must be placed. The original stop should reflect the
amount the trader is willing to lose, or it must be placed in a strategic
trading position

—Larry Connors and Blake E. Hayward, from


Investment Secrets of a Hedge
Fund Manager (1995, Irwin Professional Publishing, Chicago).

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