Place your Stops first?

[Crap Buddist]

the solution ?

hmm there must be a way to get the guy long according to his plan..... ive got it,

enter a buy stop order 1 st at 410 when the markets trading below 410, if thats activated the trader will be on the right side of the market AND the right side according to his plan, cos its trading back up, and should enable a sell stop order of 405 then to be assigned when his market orders done with this upside strength to boot.

Now when the markets sub 410 and (if) tanks south through 05, this stategy will keep the trader out of being short cos his analysis and plan was to go long, so no emotional turnover, but it will mean if the 410 is good, then he'll be in as per plan, if it aint ,well nothing lost, better to be out wishing one was in etc, etc,

I like it. problemo solved of how to get the long trader long, without having to be left short and hoping against his considered night before analysis....

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