The Paradox of Stops

Marcia, I found that at close only stops really do better than live stops because you avoid the whipsaw and so on. It's just a question of what type of approach you're trading. And, you know, how you want to implement, implement yourself. Marcy: Do you think this cut winner short let runners run is almost kind of like a little BS euphemism that people say that's actually not mathematically sound or do you think thatactually is a very important concept for for a discretionary trader? Marcia: Yes it is. But anyway, yeah, I took a set of trades from a successful discretionary trader and put them in my back-testing software. Right