Indices DJIA S&P 500 DAX 30 Nasdaq 100 Nasdaq Comp Nikkei 225 FTSE 100 SMI DJ Stoxx 50 CAC 40 Hang Seng Kospi Nyse Comp AMEX   -     -     -     -     -     -     -     -     -     -     -     -     -     -   10911 1137.4 5732.4 2127.7 2438.1 8981.9 5072.1 4984.1 2161.9 5732.4 19614.7 1817.4 7017.6 2174.7 Commodites Light Crude Oil Brent Crude Copper Gold Pallad Platinum Silver Dow Diamonds QQQQ   -     -     -     -     -     -     -     -     -   83.08 106.28 1.17 1758.7 730.5 1782 38.21 109.16 55.42 Last update: 11-08-2011 14:29:00 (GMT - Live)

Gunning Neural network technology and trading systems Profit Target Exits Gunning Slippage Contrarian Trading Testing speed Linear Programming Optimization & Curve-Fitting What if the Markets Change? Monte Carlo Simulations Walk-Forward Testing What are genetic algorithms? A Plan for Identifying and Trading Pullbacks Automated Trading Systems for Financial Markets and Recommendations for Their Usage If tarder putting stops in the market as they really are may not be a correct decision, especially when tight stops are being used Floor traders may try to gun the stops to pick up a few ticks for themselves. Or: The floor trader may intentionally try to force the market to hit the stops, causing them to be executed. When stops are taken out this way, the trader who placed them usually ends up losing. Trader can this avoid. Place a catastrophe stop with the broker, just in case trading action can't be taken quickly enough due to busy phones or difficult market conditions. The catastrophe stop is placed far enough away from the market that it is beyond the reach of gunning and similar "mischief". No one would like to see this stop hit, but at least it will keep the trader from getting killed should something go badly wrong. The real stop should reside only with the trader, i.e., in the system on the computer: when this stop gets hit, the computer displays a message and beeps, at which time the broker can be immediately phoned and the trade exited. Handled this way, tight stops can be used safely and without the risk of being gunned.