DislikedHello William,
Yes. I think this is a valid system. I told Mike so when he first introduced it and his contribution is one of the reasons he is in the Hall of Fame on Post 1. Having said this, I do want to stress that locking is difficult for new traders. It requires experience and being cool under fire. When you lock you have two open orders which can lead to confusion and nervousness. You now have to decide not only if you exit the trade but in which direction. It can be easy to make a mistake for less experienced traders. If you try this,...Ignored
Thank you
M