Let me tell ya's what happens when it's not your day. I put in a stop (Ameritrade Trade Trigger) at $24.40 which was about a dime under the 200 day. I was thinking if it fell below that it might go back to low 22's at the bottom of the channel. Well, they took out my stop at the low of the day. Then instead of buying back right away, I waited. Then I decided to buy back when it broke high of day. Well, I bought another stock (brain fade) by mistake instead and it's not doing anything. Then after I realized I punched in the wrong ticker, I went ahead and bought RBCN back at the high of the day at $25.50. Man, when it's not your day!! :o(
They will take out your stops without mercy. Lows of days are always where the stops were placed. You are pretty much telling the market that they can have your shares if they can drive it down low enough.