Dont agree with you on the R Cap trade. Now, when we have a stop...we adhere to it in our trade. However, in the closing minuites of trade, if the stock moves dangerously close to the stop...without touching it, we need to worry a bit.
Worry that the stock may open above the stop levels the next day. Agreed we still follow the trade by monitoring the high of 1st 5 min bar....but a better thing would be to liquidate the trade and enter fresh the next day, if it opens below the stop levels and cross the 5 min low.
Hope this has not confused you.....moreover its a personal rule. So you can avoid it.....or backtest and find out whats good.
Thanks,
Rakesh