I usually use market order stops if the stock is trading heavy volume even though I get hit with price slippage.
I don't like placing stop limits in case I get partially filled and then stuck with shares if the price falls lower fast.
So let's take a long day trade first.
Quote Tweet
Friends asking about day trading stops.
How I use them?
With individual stocks you always have to have a stop planned out in advance on a long trade and stop cover on a Short Trade.
Should you place a Mental stop or Hard order? Also should you have a stop limit or market?