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That's not what I'm saying at all. In the instance you described, there is no hard stop on the DOM. However, there is an order at the next entry price. |
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OK, so we are back to the discussion of using a hard stop or not. Obviously, by this response, you do not use hard stops. Hard stops mean just that - they are hard and do not change. That's not to say it's wrong, but I was having a hard time understanding how a trader could say 'I use a hard stop' followed up with 'but sometimes that hard stop is moved or not even on the DOM'.
That's not a hard stop.