The week of the 400 point DOW meltdown, last week, was the week I've had trading since 2000's Internet collapse. I woke up discussing the 9 percent fiasco of it carrying over to our markets and the worries of China. Certainly stops would be triggered, in the opening, which would set off a domino effect. Where would the market stop for a breather? It was anyone's guess. Not being a fan of stops - I believed that my mental stop strategy would work in my favor. My preference would be to set stops and close positions in the close out if triggered. This is a technique I use to select the intra-day emotions .
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