Money Stop A fixed amount of money that a market participant would lose if a stop were hit. Monowave In Elliott wave theory, a single wave within a range of waves.
... to a money stop. When you use both types of stops you are clearly defining the signs and signals that indicate your trading plan is not working, ... 3. Stock Option Trading Millionaire Principles (Articles/Stocks) ...
That is one of the reasons we want you to use a time stop in addition to a money stop.
See also: Market, Trend, Signal, Analysis, Chart
 
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