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Usage Time Stops

QuestionsCategory: QuestionsUsage Time Stops
tjbrune asked 2 years ago
Hi Pat, sorry for coming up with second question within short time frame. I would like to know if it is viable strategy to use time stops. On 12/27 I was filled into EPAC stock via buy stop order. Since then I'm trapped into a longer consolidation. As the trade is going nowhere (as of 01/12) I wonder if one should cut short such trades after 10 days or so ? I think Paul Tudor Jones was using time stops as well. Thank you for feedback, TJ
1 Answers
Avatar photoOwen Staff answered 2 years ago

Hi TJ,
Pat made this video for you...
https://youtu.be/ZWEg5oEPubI