Hello all,
i searched for "time stop" and surprised that theres too little discussion about this. Or maybe i didnt search the right word. Personally i have been using time stops as well as price stop. Anyone else here using time stops. I exit my position due to time or price factor not being favorable to me. I personally think that time stops is really important. It improves the real R:R tremendously. My time stops basically forces me to close "stalling" losing position way before the SL got hit.
What do u guys think? I heard top trader paul tudor jones uses time stops as well.
i searched for "time stop" and surprised that theres too little discussion about this. Or maybe i didnt search the right word. Personally i have been using time stops as well as price stop. Anyone else here using time stops. I exit my position due to time or price factor not being favorable to me. I personally think that time stops is really important. It improves the real R:R tremendously. My time stops basically forces me to close "stalling" losing position way before the SL got hit.
What do u guys think? I heard top trader paul tudor jones uses time stops as well.