Thought I would put this in a new thread. There are many entrepeneurs who have gone bankrupt 3 or 4 times before finally succeeding. Why should traders be viewed any differently? If you truly believe in this, and it sounds like you do, then i recon you going to bounce back stronger and wiser. I have read trading blogs where guys say it takes 7 years to become successful at trading.
ja, if you a) try to set a stoploss on illiquid instruments like warrants or b) set your trigger too close to your bottom line price. Issue a) could be resolved if OST ever saw fit to offer stoplosses to trigger in the underlying rather than the warrant price (as they do for SSF's, for example). issue b) is a bigger problem. Personally, I set my stoplosses at level below my actual exit strategy (as a failsafe), but I exit manually.
Stops aren't guaranteed, all depends on current bids and offers. Don't keep your sell/buy limit price too close to the trigger. There's extra risk in exiting manually once your stop has been hit, you might hold a bit longer, unless you're disciplined..