Remember? One of only five threads I have bookmarked since who knows when...a personal favorite of mine https://www.elitetrader.com/et/threads/unholy-grail-to-success.144884/
My thought on this, is if you have to have such a huge stop, why not just swing it without a hard stop and use the rollover as a stop? I'm still in the stupid 7831 MNQ long. If I had a 250 point stop in, it would have been wiped out (last Wednesday). Now it is back to only 130 points down. If positive trade news comes out this week, B1S2, your stop will most likely be hit.
ES opens the AH session dropping over 30 points in the first 10 minutes. I wonder who's laughing now. What you guys seem to not understand is that there was never a real short squeeze today.
They just did, got stopped out of the 2889 long at 2921 (trailing stop) Some news about Trump trying to obstruct justice to help Juliani, the bots took it on and sold-off..
I wouldn't know and I'm not interested. I agree his stops are, well, not really stops, but then again it's his money. To each his own.
All I know is, Trump needs to secure some sort of agreement with China, or we are in for another 20% drop by X-Mas. We're 20ish% of the way there already.