[notouch]

If you use stop orders you're exposing your account to unlimited slippage at the time when the risk of slippage is highest. With a stop-limit order you can limit exactly how much slippage you're willing to take. How you set up your stop-limit order depends on what volatility you're expecting and how much slippage you're willing to take. Also make sure your order is held at the exchange rather than at your broker.