$ trail stop and % trail stop

Discussion in 'Strategy Building' started by couponjohn, Jun 21, 2005.

  1. $ trail stop and % trail stop

    what are they used for , looking for the true way ?
  2. Arnie


    Long term stop or short term?
  3. Short
  4. kut2k2


    Used for taking your money. :)

    Seriously, the only trailing stops worth a damn are those based on volatility, e.g., ATR multiples. I prefer Chuck LeBeau's chandelier stop. YMMV.