The Costs of Guaranteed Stops

Sep 27, 2011 at 10:57 am in Risk Management by · Leave a Comment »

In the past few years I’ve written extensively about what I regard as ‘the most important weapon in the armoury of any trader’ – the stop order. I am sometimes asked about whether guaranteed stops are worth the cost of applying them, so I thought I’d take the time to outline what those costs are.