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rex - you trade with a hard stop, but also forgo the stop? That seems more like a 'soft' stop. |
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I thought I was very clear.
I trade with a hard stop and depending on the next entry, I may or may not take that stop. For example, if there is another entry exactly at the stopout point--let's say a very high probability setup--I will forgo the stop and and double my position by taking the next trade. My trading plan dictates whether or not I do that AND I'm always aware of the next couple of entries before I take any trade. This is known as trade management.
I hope that eliminates your confusion on the matter.