Loosening up your stops?

Quote from Jahajee:

You should try to avoid stops based on raw $ stops, i.e. 'quantity of $$' above short position or below long position entry price...
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Thanks for the tip on ATR. I'm not too familiar with it but will look into it a bit more and try backtesting with some stops based on ATR and see how that plays out!

I don't typically do trailing stops with my setups but that too might be worth a try...
 
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