but you are right..I never use stops ,but then again ..If im trading real money..Im in front of my computer.
No, I ALWAYS use stops. Being in front of the computer does you no good if the hard disk dies, the power goes out or your broker's server crashes.
I always have a stop on the order before I enter it. But the stop is far from the price action. What I don't do is use the stop as an exit plan. It's just there for emergencies.
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