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There are numerous time when a trader opens a position and price action begins to consolidate. It is impossible to know when price will consolidate and that is the purpose of a time stop. For intraday traders ask yourself this, if price is near your entry point a hour from now, how good can...

Does any here employ the use of a time stop, especially intraday traders?

I was wondering if anyone can tell me if their futures broker charges them for cancelled orders? I go through TradeStation and they charge for cancelled orders and I was wondering if there are any brokers out there that do not.

I think more traders would succeed if they realized that they have no idea what every other trader will do. The actions of every other trader determine how price moves. Traders that fail do so because their mind is focused on entries. Even those that research, their research is in...