Fixed vs. trailing profit targets?

Discussion in 'Strategy Development' started by BrooksRimes, Jun 2, 2005.

  1. Would appreciate comments on trader's experience using fixed point vs. trailing targets ...

    Thanks!
     
  2. I think there may be a typo in that link ...

     
  3. I don't know what you're trading or how, but as a swing trader who buys weakness, I use a technical indicator. Specifically, I exit when Rawk rises above 60, then I wait for the first down day to sell. I also use an "emergency" 10% stop loss, which is seldom hit. So you might want to try being creative with an indicator that lets the stock take itself out.
     
  4. What is Rawk? Never heard of that indicator.

     
  5. Raw K of stochastic.