jd585

For those of you that have not read the entire document, I strongly suggest you do that. Follow that with a manual editing of the document as this reveals more into the thinking. This manual editing forces you to think of what point he was trying to make in context of the overall knowledge he shared. Without this editing it is difficult to understand his thoughts and statements. The markets that he was referring to do not exist anymore, but his rules still could hold some relevance. TIME EXIT: this simple point we all have a specific amount of time a trade should require to reach its objective. POP makes the point that time is as important as price, and he used it to cut his losses short. Or if a trade was going in the correct direction, but was taking too long, then it was probably going to reverse and take your profits AND cause a loss.