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"My average bail-out sell price was 103 on the 7 stocks I owned, and so far my average re-buy price on these 7 stocks is 105. So my losses from selling at automatic stop-limits and then buying them back presently are close to nil."

Correct me if I am wrong Fleetwood but does not buying back at a higher average price negate your strategy of using stop losses. If you also take into account the selling and buying costs ($9.99 a time?) then where is the advantage over a LTBH without setting stop losses?

Foolishly yours.

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