What trading strategy fits the use of moving stop orders?
*Jim Sinclair's MineSet, by James Sinclair, October 14, 2006
“Because mindless algorithms will kick in, use moving stops to guard your position. Let the market take you out via stops rather than deciding you have made enough. We are into black box city in our sector. Moves will be vertical both up and down with no change whatsoever in the positive fundamentals for gold and silver and negative fundamentals for the US dollar.”
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