RAC - Charts & Price Action, page-21135

@slick, from memory you said that you entered your RAC position on Friday 31 May. I imagine a few short term traders would have been stopped out on Tuesday 4th June by that wick which dipped all the way down to $1.51 and retraced much of the spike the previous day. I expect your 15 and 30 minute charts would have shown a pretty ugly candle on that quick drop (which then somewhat recovered). If you don't mind sharing,do you manage your stops intra-day or ignore the noise and see how the day plays out and close the next day if required? Thanks.