You Ask, Altucher Answers

Updated from July 24, 11:52 a.m. EDT

I've been responding to a new batch of questions posed by members of the Stockpickr community on Stockpickr Answers. Despite the huge moves in Fifth Third Bancorp(FITB Quote - Cramer on FITB - Stock Picks) and General Electric(GE Quote - Cramer on GE - Stock Picks) yesterday, investors have been asking questions about other big names.

Anybody can ask, respond or comment at Stockpickr Answers; the top responders get ranked in our "Top Analysts" section. Here are a few questions to which I've recently responded. (Note: You may have to scroll through several answers to see my response.)

• Stop loss, stop limit. Trailing stop loss, trailing stop limit. Which is better for controlling risk, and why? I'm thinking of taking a few days off for the Fourth of July and wondering how to use these in case the sky falls down while I'm out.
  Click here for Altucher's answer to this question.
• Stockpickrs, I know the retailers are getting beaten with an ugly stick right now and it may well continue for a while. But I am putting together a list of potential stocks to buy, and I am looking at J. Crew(JCG Quote - Cramer on JCG - Stock Picks) and American Eagle(AEO Quote - Cramer on AEO - Stock Picks). Any thoughts?
  Click here for Altucher's answer to this question.
• I'm taking a poll. Please contribute with answers: What is your favorite method for managing the risks of investing?

  If you chose not to answer, that's OK. But if you just don't have an answer, you'd better wake up!
  Click here for Altucher's answer to this question.

• Jim Cramer, will you please tell the talking heads to stop with the second-half recovery hype, because investors/traders are a lot smarter today and remember that four times from March 2000 to June 2004, talking heads predicted second-half-of-the-year recoveries and were wrong each time.
  Click here for Altucher's answer to this question.
• Tonight at 7:10 p.m., the battery on my Fossil(FOSL Quote - Cramer on FOSL - Stock Picks) died. I have had this watch for 10 years, and I never changed the battery. It's been a running joke that when this watch goes, I'm going. Thankfully, I'm only 20, but maybe this has some meaning to it. I'm no psychic, but could there be a potential V bottom in the markets on June 24, 2008?
  Click here for Altucher's answer to this question.
• I don't think either one of the presidential candidates is impressive, but one will be disastrous for the market. What say you?
  Click here for Altucher's answer to this question.

For an archive of James Altucher's Stockpickr answers, go to www.stockpickr.com/answers/ and type "James Altucher" under "search for questions." Select "Username - Answered" from the dropdown menu at right, and click "search." The most recent questions will appear first.