Recently my stops saved my bacon, on the first leg down of the current correction. I have been anxiously awaiting signals to get back in, but of course it all seems a bit early and probably needs to settle for a while.
My question is setting stops. Previously I have been taken out when my stop levels were a tick too high, so were hit during a biref bounce down. Last stops were set below the obvious support levels. It seems quite tricky to have good stops at levels that are not potentially targetted during weaker periods.
