Last week, the week of the 400 point DOW meltdown, was the worst week I've had trading since 2000's Internet collapse. I woke up discussing the 9% fiasco of it carrying over to our markets and the worries of China. Certainly stops would be triggered, at the opening, which would set off a domino effect. Where would the marketplace stop for a breather? It was anybody's guess. Being a fan of hard stops - I believed that my mental stop strategy would work in my favor. My preference is to place stops and close out positions in the close if triggered. This is a technique I use to select the emotions that are intra-day out of my trading strategy.
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Yep.
Everywhere. Take a look at the paragraph that started with"A quick note here:" That describes an awful lot of kinds of opportunities doesn't it? So does not it follow that they are everywhere?