The week of the 400 point DOW meltdown, last week, was the week I've had trading since the online collapse of 2000. I woke up discussing the 9% fiasco of it carrying over to our markets and the worries of China. Certainly stops could be triggered. Where would the market stop for a breather? It was anybody's guess. Not being a lover 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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