The week of the 400 point DOW meltdown, last week, was the week I have had trading since 2000's Internet collapse. I woke up discussing China's 9% fiasco of it carrying over to our markets and the concerns. Stops could be triggered, at the opening, which would set off a domino effect. Where would the marketplace stop for a breather? It was anyone's guess. Not being a fan of stops - I thought that my mental stop strategy would work in my favor. My preference would be to set stops and close out positions at the close if triggered. This is a technique I use to select the intra-day emotions from my trading strategy.
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