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Old 05-15-2008, 07:08 PM
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Re: Time Based Stops

Interesting post sledge.

I use them two ways. If I'm in a trade too long I start looking to clear out simply because I shouldn't still be there (my trades all have targets). I watch the price bars and if I get two swings in the direction of my trade and its still not happening I tighten up the stops or exit. I see the second one as a sort of structural time stop.

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