The week of the 400 point DOW meltdown, last week, was the worst week I've had trading since the Internet collapse of 2000. I woke up discussing China's 9% fiasco of it carrying over to our markets and the concerns. Certainly stops would be triggered. Where would the market stop for a breather? It was anyone's guess. Not being a lover of stops that are hard - I thought that my mental stop strategy would work in my favor. My preference would be to place stops if triggered and close out positions in the close. This is a technique I use to take the intra-day emotions .
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