I was wondering how people set their stop-loss strategies?
I have been doing mine around 10% or less and have been getting sold. I guess in the recent market conditions this is now more likely anyway.
Your thoughts are welcome.
I set my initial stop at 15%.
But my system works equally well without an initial stop, its only there for position sizing purposes.
I usually set mine at around 20% for short term investments.
I have been doing mine around 10% or less and have been getting sold.
I was wondering how people set their stop-loss strategies?
I have been doing mine around 10% or less and have been getting sold. I guess in the recent market conditions this is now more likely anyway.
Your thoughts are welcome.
Generally based around a pivot low point for longs and a recent pivot high for shorts.
I'm not really a huge fan of using an arbitrary % move against the position- it has the potential to be a little excessive in low volatility environments, and can also be too tight when vols pick up, depending on the figure used, and style of trading employed. Though I'm sure there are quite a few people that would disagree with me here.
Not I.Generally based around a pivot low point for longs and a recent pivot high for shorts. For trading stock, then base position size off the difference between entry and stop level. For my futures trading, amount of contracts traded is more based on trading 1 contract per $xx in capital to limit the overall leverage I use(can vary quite a bit between instruments based on size of the contract, timeframe involved and the general volatility of the product traded).
I'm not really a huge fan of using an arbitrary % move against the position- it has the potential to be a little excessive in low volatility environments, and can also be too tight when vols pick up, depending on the figure used, and style of trading employed. Though I'm sure there are quite a few people that would disagree with me here.
....then I will not hold the trade, I am out and the stop is cancelled (don't forget to do this).
I dont know how anyone can be definative with a stop---and there are 100s without reference to the trading methodology adopted by the trader. One size fits all doesnt cut it!
While I dare not disagree -------.
The question then begs which pivots.
Major pivots
Moinor Pivots.
Intermediatary.
Any pivot.
there are 100s without reference to the trading methodology adopted by the trader.
One size fits all doesnt cut it!
In my not so humble opinion.
If you know what sort of trend it is you're trading (a swing is still a trend) and exit the strategy, it's kinda obvious in 80-90% of cases. The remainder is a case of eanie meanie minee moe (with a dose of money management thrown in, just for sh!ts and giggles).While I dare not disagree -------.
The question then begs which pivots.
Major pivots
Moinor Pivots.
Intermediatary.
Any pivot.
I dont know how anyone can be definative with a stop---and there are 100s without reference to the trading methodology adopted by the trader.
One size fits all doesnt cut it!
In my not so humble opinion.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?