[ranj]

Originally Posted by mister ed »

Tin, what ranj said sounds good to me ..... but can I throw a spanner in the works?

This has been said before on this forum, but what do you think of the idea that the price must move to prove your position right in order for you to stay in the position. So its not enough to hold a position because it hasn't hit your stop, it must move in your favour in order to be held?

So the stop is a worst case scenario, the idea is to move the stop in your favour ASAP.

I know this is not an answer, its another question, and apologies for that. And I don't have the answer.

agreed

The purpose of a stop is to get you out of a trade, because you did not have the chance, or the ability, to recognize a change in the orderflow. I find that I tend to fiddle around to much with my positions if I watch them, ie over think them.

Tin I am glad that things have improved in you trades.