POLL: What is your Stop Loss Strategy?

Discussion in 'Risk Management' started by rcanfiel, Oct 2, 2007.

What is your primary Stop Loss Strategy?

  1. Trailing stops - usually same size

    8 vote(s)
  2. Trailing stops - variable, based on something like ATR

    20 vote(s)
  3. Fixed stop - usually same size

    15 vote(s)
  4. Fixed stops - variable, based on something like ATR

    15 vote(s)
  5. As part of scaling in/out

    1 vote(s)
  6. Mental stop

    25 vote(s)
  7. Stop based on % of equity

    10 vote(s)
  8. Disaster Stop only

    18 vote(s)
  9. I don't use stops

    35 vote(s)
  10. Time stop, Get out if not profitable after x minutes or right away

    8 vote(s)
  1. What is your Stop Loss Strategy?
  2. For someone who has such strong opinions about TA and other topics, you certainly care a lot about what people here think and do in terms of their trading.

    Perhaps you learned not to have such a closed mind about things?
  3. He works for the Harris or Gallup Organization.
  4. There is too much belief, conjecture, and opinions on what people actually do. It is interesting to see what people actually do in hard numbers, rather than guessing.
  5. Some of the options are not mutually exclusive.
  6. Tums


    SCT requires no stop loss. You simply reverse.
  7. Please tell me honestly and candidly, are you always in the market during RTH? Yes or no?
  8. RC,

    It appears that you have generated many "POLL" threads in the recent past. Will you be posting a consolidated list of the findings, or are these random ideas?
  9. Plan to continue until run out of useful dimensions about trading. If a poll asks "what kind of pet do you have?" - then it will be time to stop.

    The trick is, to come up with relevant choices that help define what people do. Polls that ask "are you profitable or not" seem way too broad.
  10. 'Fixed stops - variable, based on something like ATR'

    Can somebody please enlighten me how a fixed stop can be variable?
    #10     Oct 3, 2007