From thomast - Thank you Snowrider Laoda. I couldn't post during day time. Thanks for the response. My TLT was stopped out today. After that, TLT went straight up. Sometimes, it kind of makes me feel like it's stop hunting by MM.
thomast - The market always acts like that, and it is part of the trading life. Big fish eats small fish. Most of the time, the big fish pushes the price across some key resistance or support area and then take profit there while the small fish gets stopped out. Shoud we exit our position when the market penetrates our stop (mental stop or hard stop)? Yes! The answer is yes, and it is a good practice to always place stop orders which will save you from devastating damage!
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