Posted by sschulman on 1st of Apr 2018 at 12:08 pm
Been thinking about stops. SPY system itself cannot have stops
but we should have our own sort of "emergency stop" in place. What
if there's a power outage? What if you can't reach your broker?
What if you're called away for an emergency? So we close our
position when the system says to close, BUT we nevertheless have
our personally determined far-out emergency stop in place.
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Been thinking about stops. SPY
Posted by sschulman on 1st of Apr 2018 at 12:08 pm
Been thinking about stops. SPY system itself cannot have stops but we should have our own sort of "emergency stop" in place. What if there's a power outage? What if you can't reach your broker? What if you're called away for an emergency? So we close our position when the system says to close, BUT we nevertheless have our personally determined far-out emergency stop in place.