General Trading Chat

#TIME STOP
I have observed that after I am swept into a trade via SLL/SLM order as per IDF(mostly breakdown and breakout trades), if the trade doesn't go my way within 15min., I mostly end up in loss in 80-90% of such cases.
Fellow members what do you think about time stop?

I think ST bro has quotes it couple of times- If breakout/breakdown doesnt move your way & trade is not going anywhere, get out before SL is hit
 

vivektrader

In persuit of financial independence.
I think ST bro has quotes it couple of times- If breakout/breakdown doesnt move your way & trade is not going anywhere, get out before SL is hit
Actually many a times the trade doesn't fail immediately (like price closing back in range i.e. failure), the entry is followed by many overlapping bars, or sideways, then it is prudent I think to get out and deploy your capital in some other trade.
 

rjshem

Well-Known Member
#TIME STOP
I have observed that after I am swept into a trade via SLL/SLM order as per IDF(mostly breakdown and breakout trades), if the trade doesn't go my way within 15min., I mostly end up in loss in 80-90% of such cases.
Fellow members what do you think about time stop?
Answer pretty simple getout st has mentioned this a few times clearly.once u decide to do this should not bother if prices moves big after u get out.
 
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