Last week, the week of the 400 point DOW meltdown, was the worst week I have had trading since 2000's Internet collapse. I woke up discussing the 9% fiasco of it carrying over to our markets and the concerns of China. Stops would be triggered, in the opening, which would set off a domino effect. Where would the market stop for a breather? It was anybody's guess. Not being a lover of stops - I believed that my mental stop strategy would work in my favor. My preference is to set stops if triggered, and close out positions in the close. This is a technique that I use to select the emotions from my trading strategy.
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Interactivity - Want me to pay a particular topic? Leave me a comment or e-mail me and let me know. I'm here to help you. Let me know, if something is good. Definitely let me know if it sucks.
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