Wednesday 25 November 2015
Stopped out at price, 2.0335
24 Nov – Buy 2.058
25 Nov – Sell 2.0335
Loss = 245 tics, $612 plus $15 commission per contract
The use of stops is one of the more problematic aspects
of trading. Where to limit risk exposure, where to give
enough room for a trade, etc.? We place the stop because
it would create another intra day low and, at the same
trade under the low of the high volume rally bar.
There is no singular answer, so it is what it is.