Traders must not fall prey to their own individual circumstances thereby blinding them to the reality of what is actually happening in the market. The market is the market whether you participate or not. Neither trader has an advantage. They are both in the same situation, in the same market with the same position, with the same money and the same attitude. This article has caused some confusion among readers.
Stops are money management.
Timing of entry is not the critical matter in overall trading success. Check What's New Section . Subscribe to Free Email Newsletter . Basics for New Traders . Return to Front Page .