I was doing some research on Larry Williams and came about the Robbins World Cup advisor website. I found something interesting; a lot of the winners like John Holsinger whom I had read about in Futures Mag etc, enter the market with a stop.
I find this a bit surprising especially since some are CTA's so obviously they don't trade 5 lots. Personally I never enter with a stop I thought about it for some setups but I always feel more comfortable with a limit(or market) the reason being I enter on a reaction not thrust. But these guys's track record speak for themselves. Does that mean they mostly trade break out systems? Aren't those systems only good in strong bull markets? What do you think? how do you enter?
Usually on a reaction as well, but if its a high beta listed stock thats like $80 to $100 per share, I have would rather use a stop and let the momentum carry me.