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Time Stop (No Follow-Through)

Exit when the trade isn't working in time

Traders often report "death by a thousand cuts" from trades that go nowhere, drain attention, and later turn into larger losses. This recipe exits or prompts exit when no follow-through appears.

House RecipePersonal5 min setup

INGREDIENTS

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PROMPT

Create "Time Stop (No Follow-Through)". For 1m momentum trades: if after 5 bars price has not reached +0.3R, prompt a scratch/exit decision and tag the trade as "time-stop".

Pain point

Time-in-trade is an underused stop: if the move doesn't happen, the thesis is weaker.

Triggers

  • Trade open for >= maxBarsWithoutFollowthrough bars

Conditions

  • Only for momentum/scalp strategies
  • Follow-through definition is configurable (e.g., must reach +0.3R)

Actions

  • Prompt: "No follow-through — scratch or reduce?"
  • Suggest partial cut or exit at break of micro-structure
  • Tag as "time-stop"

Parameters (defaults)

  • timeframe: "1m"
  • maxBarsWithoutFollowthrough: 5
  • minimumProgressR: 0.3

Examples

  • If after 5 one-minute bars you're not at +0.3R, prompt to scratch.
  • If you choose to hold, require documenting why.
Tags:#trading#trade-management#discipline#exits