{"id":10027,"date":"2022-10-14T07:33:29","date_gmt":"2022-10-14T07:33:29","guid":{"rendered":"https:\/\/mdr.foobrdigital.com\/?p=10027"},"modified":"2022-10-14T07:33:29","modified_gmt":"2022-10-14T07:33:29","slug":"how-to-set-a-stop-loss-based-on-a-time-limit","status":"publish","type":"post","link":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/2022\/10\/14\/how-to-set-a-stop-loss-based-on-a-time-limit\/","title":{"rendered":"How To Set A Stop Loss Based On A Time Limit"},"content":{"rendered":"\n<p>Time stops are stops you set based on a&nbsp;<strong>predetermined time in a trade<\/strong>.<\/p>\n\n\n\n<p>It could be a set time (open limit time of hours, days, weeks, etc.), only trade during specific trading sessions, the market\u2019s open or active hours, etc.<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter\"><img decoding=\"async\" src=\"https:\/\/bpcdn.co\/images\/2016\/05\/senior-time-stop-bored.png\" alt=\"How To Set A Stop Loss Based On Time\" title=\"How To Set A Stop Loss Based On Time\"\/><\/figure>\n\n\n\n<p>For instance, let\u2019s say you are an\u00a0intraday trader\u00a0and you\u2019ve just put on a long trade on EUR\/CHF and it hasn\u2019t gone anywhere.<\/p>\n\n\n\n<p>We\u2019re talking real snoozeville here!<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter\"><a href=\"https:\/\/bpcdn.co\/images\/2016\/05\/senior-time-stop-yawn2.png\"><img decoding=\"async\" src=\"https:\/\/bpcdn.co\/images\/2016\/05\/senior-time-stop-yawn.png\" alt=\"Price isn't moving for a long time\" title=\"Price isn't moving for a long time\"\/><\/a><\/figure>\n\n\n\n<p>Why keep your money locked up in this trade when you can use it to take advantage of this one\u2026<\/p>\n\n\n\n<figure class=\"wp-block-image aligncenter\"><a href=\"https:\/\/bpcdn.co\/images\/2016\/05\/senior-more-movement2.png\"><img decoding=\"async\" src=\"https:\/\/bpcdn.co\/images\/2016\/05\/senior-more-movement.png\" alt=\"EUR\/USD has more movement\" title=\"EUR\/USD has more movement\"\/><\/a><\/figure>\n\n\n\n<p>More movement, more pips! Yeah, baby!<\/p>\n\n\n\n<p>Because of your predetermined rules and the fact you do not like to hold trades overnight you have decided to close the position at 4:00 pm when you\u2019re usually done for the day, and go off to your bi-weekly poker&nbsp;tournament.<\/p>\n\n\n\n<p>Or maybe you are a\u00a0swing trader\u00a0and you decided to close your positions on Friday to\u00a0<strong>avoid gaps and weekend event risk<\/strong>.<\/p>\n\n\n\n<p>Also, having some margin tied up in a dead trade could be costing you an opportunity in another great trade setup somewhere else.<\/p>\n\n\n\n<p>Set a time limit and cut off that dead weight so that money can do what it is meant to do\u2026 Make more money!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Time stops are stops you set based on a&nbsp;predetermined time in a trade. It could be a set time (open limit time of hours, days, weeks, etc.), only trade during specific trading sessions, the market\u2019s open or active hours, etc. For instance, let\u2019s say you are an\u00a0intraday trader\u00a0and you\u2019ve just put on a long trade [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[872],"tags":[],"_links":{"self":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/posts\/10027"}],"collection":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/comments?post=10027"}],"version-history":[{"count":0,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/posts\/10027\/revisions"}],"wp:attachment":[{"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/media?parent=10027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/categories?post=10027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mudassirbackup.infinitycodestudio.com\/index.php\/wp-json\/wp\/v2\/tags?post=10027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}