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STOPS, end of day or intraday??
I trade large blocks of shares for clients. I always use stops. My question is, should stops be "live" in the system, thus the market makers can see them, or is it better to use manual stops? Given the large swings during the first hour of trading, it seems manual stops are better to avoid the sometimes massive swings. On the other hand, live stops prevent second guessing and maintain a firm discipline. I would love to hear thoughts from fellow traders.