Traders Laboratory - View Single Post - Debate: Hard stops or mental stops?
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Old 12-03-2006, 12:58 PM
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Re: Debate: Hard stops or mental stops?

I use both. I have a bottom line puke point hard stop that I put way off in the distance, for backup, but as far as my working stop, I keep that mental. I like to make sure I know what the markets are doing before I let something like a hard stop arbitrarily take me out of the trade.

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