Time-based stops: do you exit after X hours regardless?

A trade that hasn't worked after a set time is probably not the trade you planned — the setup has expired even if the stop hasn't hit. Time stops cut the slow drift and free the margin for real setups.

Time-based stops: do you exit after X hours regardless? — leverage and margin diagram
Leverage: a small margin controlling a larger position

Do you use them?

  • the time limit and how you chose it
  • how time exits compare with price exits in your journal
  • the setups where time stops fit best
Time-based stops: do you exit after X hours regardless? — central bank rate path diagram
A central bank's policy rate path across recent meetings

The order types guide covers the mechanics of scheduled exits.

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