POLL: What is your Stop Loss Strategy?

What is your primary Stop Loss Strategy?

  • Trailing stops - usually same size

    Votes: 8 5.2%
  • Trailing stops - variable, based on something like ATR

    Votes: 20 12.9%
  • Fixed stop - usually same size

    Votes: 15 9.7%
  • Fixed stops - variable, based on something like ATR

    Votes: 15 9.7%
  • As part of scaling in/out

    Votes: 1 0.6%
  • Mental stop

    Votes: 25 16.1%
  • Stop based on % of equity

    Votes: 10 6.5%
  • Disaster Stop only

    Votes: 18 11.6%
  • I don't use stops

    Votes: 35 22.6%
  • Time stop, Get out if not profitable after x minutes or right away

    Votes: 8 5.2%

  • Total voters
    155
For someone who has such strong opinions about TA and other topics, you certainly care a lot about what people here think and do in terms of their trading.

Perhaps you learned not to have such a closed mind about things?
 
There is too much belief, conjecture, and opinions on what people actually do. It is interesting to see what people actually do in hard numbers, rather than guessing.
 
RC,

It appears that you have generated many "POLL" threads in the recent past. Will you be posting a consolidated list of the findings, or are these random ideas?
 
Quote from hwkaiser:

RC,

It appears that you have generated many "POLL" threads in the recent past. Will you be posting a consolidated list of the findings, or are these random ideas?

Plan to continue until run out of useful dimensions about trading. If a poll asks "what kind of pet do you have?" - then it will be time to stop.

The trick is, to come up with relevant choices that help define what people do. Polls that ask "are you profitable or not" seem way too broad.
 
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