In my disaster preparation/procedures, the #1 rule in risk management is to ALWAYS place protective stops at time of trade, Bracket orders when possible. You would be amazed the peace of mind it provides when the eventual system/equipment failure occurs and you know that your greatest potential loss is no greater than your normal trading "cost". The bracketed sell profit order can even pleasantly surprise you when you log back on to the platform... I learned my lesson in February, with a large mid-term position trade... that was my last order with a mental stop. I have slept well ever since... glad this one didn't bite you...Quote from Jaxon:
FAQ ME!!!! my cable is down apparently due to an ice storm we had here. fortunately no trades on but can't trade now. i know... no backup. I am using my son's laptop with wireless and pirated dsl probably from next door neighbor.... shite!
