My initial stop goes in auto, upon order entry, @ 2 pts. I will adj my pos size depending on how close or far away I would logically put my stop. If I need a 3 pt stop I might only take a 1/2 size position or pass on the trade altogether. I will manage my stop as PA dictates.
As I am writing this, I see that my last Long entry was a good setup but the PA told me that something wasn't correct and I took a small loss.
My stop was moved from -2 pts to -5 tics and on the 2nd attempt of price to break higher and failed....I mkt out