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Ban on Use of Stop Loss

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10 years 3 months ago - 10 years 3 months ago #13285 by Trendfriend
Replied by Trendfriend on topic Ban on Use of Stop Loss
I don't think this effects Uk markets in any way.
Apparently so few people using stops :ohmy:
www.marketwatch.com/story/nyse-joining-n...op-orders-2015-11-18
Last edit: 10 years 3 months ago by Trendfriend.
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10 years 3 months ago #13283 by Food4Thought
Sounds ridiculous to me but shouldn't trouble most PI's! :)
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10 years 3 months ago #13281 by Stevo999
Hi All,

Has anyone else heard the news that the US is intending to ban the use of Stop Loss/Limit Orders in several of their markets (I think it was Dow and Nasdaq initially but I may be wrong) to try to stop market volatility due to multiple stops being hit etc. If this is the case it would make trading nigh on impossible I would imagine and is a ludicrous idea!!

Anyone else know about this?

Here's a link with Oscar ranting about it (pleasse take him with a pinch of salt and put your volume down!!).


:)
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