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by vgatherps 1318 days ago
For a bit more color, as stop makes sense for you since you’re not there 24/7 making decisions.

But if you are, there’s no reason to just auto trade a position away. The decision of “what to do when price hits X” is a function of many things instead of price, and you’re better off dynamically deciding.

Consider that you could already implement a stop as a 24/7 trading firm anyways