Thread: Do they use stopps per time?

For me, a successful operation is one that reaches its objective before a certain time limit is fulfilled or the stop loss is reached.If an operation does not reach its objective in a reasonable time, it is a sign that the address is not as clear as it thought.I prefer to leave before the market does something unexpected.

There are traders that operate only in volatile sessions and close their positions when low volatility.Others review their operations at the beginning and end of the day and make decisions based on that.Without realizing, they are using stops per time.

Every time I adjust my stop to a fixed number of pips, the market seems to move just to get me before going in the expected direction.If I'm going to get out of an operation, I prefer to do it because the price gave me a reason, not because it was a certain time.

Some strategies incorporate a time function in their stops.When the price stagnates, the stop automatically adjusts to close it before Momentum loses.It is a way of recognizing that the chances of success decrease over time.

Stop use for time in automated systems in two ways: 1

My rule is simple: if the operation has not advanced x pips at some time, I close it.It makes no sense to maintain capital trapped in something that does not move.

Thanks for all your answers.I am seeing that there is a difference between "Stops per time" and "Timing at the entrance".Understanding when to enter can avoid the need to close operations for time.I will continue to investigate this.It is a fascinating theme.

Stops per time are for impatient traders that do not understand that the market moves at their own rhythm.If you think that because a few candles have passed your analysis is no longer valid, perhaps the problem is not the market, but your strategy and your patience.That said, I can understand that some traders prefer to close operations if they do not see movement, especially if they have a limited capital and want to reassign it to more dynamic opportunities.But getting out of an operation only for time and not for technical reasons seems to me to lose money over time.

I think that time stops can make sense in markets with predictable cycles, such as actions or even certain pairs of Forex with high and low volatility sessions.But if you operate based on pure technical analysis, what is the point out just because it has been a certain time?If you use stops for a time, you should combine them with other risk management rules.It is not the same to leave an operation because it has spent much time without moving than to leave because the market clearly does not support your initial analysis.

In my experience, closing a time operation has been more harmful than beneficial.I have lost many operations that ended up going in my favor just because I despaired and closed ahead of time.Now I prefer to handle my stops dynamically.If I see that the price is consolidating, I adjust my stop loss based on volatility, but I don't close just because X candles have passed.It is a matter of patience and understanding market behavior.