I would have to agree with ROB's post. With this volatile market...I've learned to take shorter "chops" at the the market. There is a different psychological undertone, when your stop loss has been reached and the pain levels are unbearable. This happened to me on Friday's -300pt drop in the DOW. It's not fun when one minute your in the money, and a few minutes later your stop loss has been reached. Looking back, the stock rebounded after finding SUPPORT....but I would have to ride through TWICE the amount of losses before reaching a break even point. Bottom line: Reduce the amount of Contracts or Shares in a volatile market.