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- Sat Jul 01, 2006 4:33 pm
- Forum: strategy trading & money management
- Topic: trading without the stop loss orders
- Replies: 12
- Views: 10501
- Gender:
IMHO, I always place a stop WRT a percentage of the ATR, generally, 150-300% (e.g. 1.5*ATR). This method lends itself well to the current volitility of the underlying instrument of trade interest. I never adjust my SL (although every time I get stopped out I find myself reaching for the mouse to mo...