The Stop is for money management, pure and simple. You can ultimately be "right", but run out of capital long before you realize the fruits of your bias.
When an apple falls from a tree at the end it will stop on the ground, but during the drop I would not bet that the apple will go up.
Newtonian Physics has absolutely nothing to do with markets. Markets cannot sell off without buyers. In fact, trading exchanges will literally suspend trading at prescribed limits until sufficient counter parties enter the marketplace.
Ever heard the expression - you don't bring a knife to a gun battle. I keep stressing, but you keep ignoring, that I trade with the trend intraday. Which for the most part has nothing to do with the daily or longer trend. Save the daily charts and any further comment until you understand this basic point. Notice with others you are also having a problem understanding the basics also. When I first started out I learned, quickly, to post less read more.
What intraday trend? What intraday trend? What intraday trend? What intraday trend? I have a hell of a time seeing intraday trends. Wish I knew the secret.
And you'll never know when it is confirmed until you keep buying a dip on a week of lower highs and lower lows, which you will notice only after the fact. By then it is too late.
Maybe. But say you have 10 weeks of buying the dip and then 2 weeks of not. You're still up 8 weeks of pure sex pump.
Sounds like Oct 2018. That singular event has fucked me out of so much profit, because I now have to use an abundance of caution. It is so pathetic.