Good points ;50% away? Dude if the trade is going that far out without stops then *thats a big problem anyway*. Just because it eventually recovers does not mean that's sane trading and "stops suck."
*This*
even though its strange how often the trend reverses @ 50%/+ drawdown.LOL-LOL
Stops are very helpful ; shorts can go towards the moon, so to speak;
plenty of longs on GM DAL, LEH..... went belly up bankrupt, stops can be helpful.