Quote:
Originally Posted by rhodytrader
I don't like that a whole heck of a lot either. You really shouldn't be adjusting your stop based on the data release. If it is something that concerns you, then really you should be out. Otherwise you run the risk of making your stop too tight and very much increasing the odds of it getting hit by what could be nothing more than a little noise. That could take you out of a perfectly good trade.
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I see you point. Typically though it is nice not see a winner become into a loser. When it isn't news time I can usually adjust stop to where if it where to be hit then it would be a reversal signal. However, you have pointed out I probably should come up with a better strategy for news times.
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