Last week, the week of the 400 point DOW meltdown, was the worst week I've had trading since the online collapse of 2000. On Tuesday, I woke up discussing China fiasco and the worries of it carrying over to our markets. Stops would be triggered. Where would the market stop for a breather? It was anybody's guess. Not being a lover of hard stops - I thought that my mental stop strategy would work in my favor. My preference would be to set stops if triggered and close out positions at the close. This is a technique that I use to select the intra-day emotions from my trading strategy.
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Yep.
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