put the trade and forget it

today is a perfect example. Bought SPY at the open and put a stop order, then off see the doctor.

if I were monitoring the trade, probably i'll be in and out for couple of rounds and loss some.

what a nice close now.

Will sell it tomorrow open.

 

don't forget to turn off your cell phone in case your broker call to inform margin call

 

How would that happen if he placed a stop loss? Don't bother responding. We all know you don't have a response.

 

OCO orders and walking away is a good idea for a lot of traders.

 

So you're using 5% (loss) stops for swing trading SPY! How did you fare in the last couple of weeks?

 

very good indeed.