C couponjohn Jun 21, 2005 #1 $ trail stop and % trail stop what are they used for , looking for the true way ?
kut2k2 Jun 22, 2005 #4 Quote from couponjohn: $ trail stop and % trail stop what are they used for , looking for the true way ? More... Used for taking your money. Seriously, the only trailing stops worth a damn are those based on volatility, e.g., ATR multiples. I prefer Chuck LeBeau's chandelier stop. YMMV.
Quote from couponjohn: $ trail stop and % trail stop what are they used for , looking for the true way ? More... Used for taking your money. Seriously, the only trailing stops worth a damn are those based on volatility, e.g., ATR multiples. I prefer Chuck LeBeau's chandelier stop. YMMV.
