Haves and Have-Nots Weigh In on the 60% Threshold: When Stop-Loss Fails
Will Hepburn of Hepburn Capital Management LLC in Prescott, Ariz., said he prefers to enter stop-loss trades manually for his 85 separate accounts for high-net worth individuals and institutions. Because of the speed of the crash and the rebound, he didn’t have time to enter trades.
“I dodged a bullet,” he said.