Listen to the podcast, recorded on 9/11/15, here, to hear Doug address a strategy change concerning Automatic Stop Loss Orders on ETFs.
Although we have been a proponent of using Automatic Stop Loss Orders on ETFs for the past ten years, the current market is not functioning well, the system is broken and individual investors are being taken advantage of—for these reasons I am recommending that you DO NOT use Automatic Stop Loss Orders on your ETF portfolios.
In the market’s current state, using Automatic Stop Loss Orders is a risk. They could harm your portfolio much more than they will benefit you at this time.
Please listen to the full podcast for details on this new policy, and as always feel free to call 800-391-1118 or email Doug your questions at askdoug(at)dougfabian(dot)com.