Quote Originally Posted by grems8544 View Post
Pascal,

Just saw that you updated the IWM message. I think that the right answer is that the stop takes you out for the day (e.g., do nothing after the stop), and then wait for the next trading day. Put another way, the robot does not change directions intraday.
If the trade direction for tomorrow is still long (per Pascal's guess), is it possible that the IWM stop ($83.17) is actually a good R/R buy entry price? In that case, I would assume that an intraday robot (if one existed) wouldn't let the original long trade get stopped out.

$.02,

Trader D