You need to stop offering this up every time someone comes along with a MATHEMATICAL argument for invoking a (stupid) stop loss. Yes, we all understand that, if you fall asleep at the table, that might be a good sign that you should stop. That ISN'T what the poster is discussing.
So stop sending messages as to how (mathematical) stop losses, based on STATISTICS might be valid. You're sending a wrong and dangerous message to someone who obviously doesn't know any better.
Don
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