One more thing. A stop is a stop. Don't adjust it according to the situation.
A stop is supposed to tell you that if the price has passed this point, you are dead wrong, get the hell out.
Trailing stops are only for winning trades.
Hi Ripley
I just read your charts. Here are my suggestions:
You said 270 was a key support so you took a long. That's ok. There's nothing wrong with acting on your instinct. (Although personally I would look for a break in that situation)
But as soon as 270 broke, you should...