Auto Trailing Stop vs Manually Adjust Trailing Stop

Discussion in 'Strategy Building' started by thecalip, Mar 19, 2008.

Do you use trailing stops?

  1. Auto trail from entry

    1 vote(s)
    20.0%
  2. Auto trail auto set break even

    0 vote(s)
    0.0%
  3. Manually adjust base on predetermine stop

    3 vote(s)
    60.0%
  4. I don't believe in trailing stop.

    1 vote(s)
    20.0%
  1. I am debating which one to use and would like to get some feed back on it.

    Trailing methods:

    1) auto trailing from entry
    2) Exist partial position, set break even, then auto trailing
    3) Manually adjust stop base on predetermine method.
     
  2. kut2k2

    kut2k2

    I've heard great things about the chandelier exit (a form of (1) auto trailing from entry) but I've been unable to test it because I don't have the formula for excel.