What's Your Average Stop Loss range?

[David's faith]

Trailings are always a pain, sometimes they just don't work as you want them to. I have switched to adjust after every S/R taken one S/R higher or down. But good luck
Btw today you might get a good payday as a bear

 

[KCalhoun]

Trailings are always a pain, sometimes they just don't work as you want them to. I have switched to adjust after every S/R taken one S/R higher or down. But good luck
Btw today you might get a good payday as a bear

Agree, t/s pain ... best exits I've made, biggest wins are when I manually tighten t/s vs automatic which shake out a lot.

Next test is using sell limit orders to exit with .3 type scalps

Right re potential beary week, will test UVXY TZA if they run

 

[sandy_s]

12 ticks max loss is quite possible.

During the Trump era, I had to double that amount.

Sir - you must have made position entry into an art! Given CL is so volatile...

 

[maxinger]

Sir - you must have made position entry into an art! Given CL is so volatile...

Look at today's crude oil market.
today CL is not volatile. It is very trendy.
12 ticks max loss is very realistic.

and for some not-so-spiky products like Germany, US, Italy bonds,
max loss can be 10 ticks.

 

[Raheel Shaikh]

I'm curious, for those of you who are day traders, what would you say your average stop loss cost is, in dollars? Or your goal...

Personally, when I'm day trading small for example 100-300 shares most stops are <$40, though I often do many trades.

Same question for swing traders

since i trade forex ill say it in pips

My stop losses go about 1 to 3 pips max
and usually risking 0.5% to 1% of my capital

 

[athlonmank8]

I don't want to say mine, my general trade numbers and stats. Most will either think I'm crazy, or bs'ing.
I'll just say my approach, style, doesn't follow conventional, typical, traditional, textbook, prescribed, trading/investing wisdom.

So basically say nothing at all

 

[ellisdelgado]

In most trades, I keep my stop loss between 15% and 20%. I use a pure momentum strategy and stop loss helps me avoid market crashes. This way I have been able to make small profits even when the market loses.

 

[remoteControl]

hodl

 

[murray t turtle]

I'm curious, for those of you who are day traders, what would you say your average stop loss cost is, in dollars? Or your goal

Same question for swing traders

%%
Trail it;
like a psar, moving average or deer trail. IF running\ deer will jump the fence/creek.WALKING, they go low, under lowest strand barbed wire fence.
Round numbers may help ,but my local bank needed some change/LOL, NEVER use a dollar stop, good way to get goofed, qqq was $30 in 2002 bear;
unless trading in US dollars, could use $ stop.