Steve Mayo Legend  Posts: 414 Joined: 10/11/2012 Location: Austin, TX  User Profile | Nice work Mark. In my reading, most "pro" traders seem to agree that arbitrary stops only hurt the performance of a "good" system. The other thing that's not considered, however, is that once stopped out, those funds then could be put into new trades which potentially could have better prospects. So, another way of looking at stops (instead of as a protective measure), is to think of using them as a money management approach that, hopefully, moves us quicker out of low-potential trades back to our system's normal-potential trades. Steve | |
