Loading ...I agree on stops. They can see them and will do just that, take them out before a rise. Ya long tail down. However when the crash of around a month 08 hit and was nervous with the charts looked like it was coming I used them and since I was at work it saved me. Came back home thought WTF just happened!! I thought of borrowing my own stocks for that but just didn’t know enough of all the tricks involved to watch to do it but if I did I would of used them till I learned more.
PS long tail downs usually happen at the bottom not after the run already in place.