Dislikedsylar,
When dealers hits P&L stop lines, They are off lined for at least 1 week depending on damage.
His books still belongs to him and his team. So positions are managed accordingly to the skills of his team, without him.
His book performance is contained within his team and the room. Although orders are forwarded to be watched at different sectors, nothing else leaves the room.
Global team books , will have zone partners monitoring the status of the book.
regardsIgnored
So the P&L booked by the dealers are realised losses (or gains) for the day...
Thks for the clarification Fti... It helps to clarify on one of the most overlook point of the tripriate issues that u have been telling us TAF'iers to study i.e. Market Structure
As retail trader we don't a team of senior or Fti to help manage the books thus the need to have proper MINDSET & correct implementation of AOW 2 (i.e. fast & swfit battle)
Learn a lot from your past few postings... Now it about internalising into oneself with proper MINDSET & MM...
Back to dancing academy for me
Cheers
Philip
"Thinking Heart & Feeling Brain"