Adapting strategies to suit the market

[lukeaye]

Yes i am aware of this. The only way i can control it is G/STOPs. Although i encounter several problems with this.

1. It costs alot of money.
2. The minimum g-stop level is often so many points away from where i want it, i end up with nearly half the position size i am after.

I do not have a solution for this problem. The only thing i can think of is changing brokers, but then i couldnt be bothered. I have only ever had a gap below my stop once or twice, and it didnt hurt that much.

But i guess if you were in a situation where you were shorting AXA then a 38% gap would really hurt

Brty,

I do realise this, as i have stated in the above example.

Brty, i was also long RIO at that time anyway.

That was a result of capital raising, so i was entitled to the 1 for 3 share offer.

I actually made alot of money out of that.