[calamitychris]

I thought I would post this just to make you glad that you put in your hard stops today. I just gave back two weeks of profits ($2700) today. Luckily I am still in the black and this loss is not debilitating but it was a good reminder to me that mental stops are BS.

My normal stop is 5 points but I thought that I would loosen the slack today given the fact that the S&P is teatering on major support. I had to leave my computer without putting in a stop order and when I returned I was down $1500. I decided to wait until the next major support zone but once that was compromised I finally bit the bullet at a $2700 loss.
:no:
I have only been trading for about 6 months, so if any of you veterans out there can give me some insight on stops, I would greatly appreciate it.

Happy Trading!