Hi Vert,
i dont think you should not have a stoploss be it mental or in the market its just the problem as i see it of placing it into the market because some out there might take advantage of knowing where they are.......the obvious problem with a mental stop is being able to execute without hesitation if its hit and not holding on in hope of a recovery.
It does also come down to wether you can watch the market fulltime or not.....but if your playing with a derivative such as cfd's and trading decent volume then you should really be watching the market mostly fulltime.
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** automatic stop losses = trouble **, page-13
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