Which volatility measure for setting stops ?

Discussion in 'Index Futures' started by syswizard, Mar 8, 2020.

  1. Do you have proof of that ? I was not aware that stops and targets are correlated.
    I would have to see some statistics on that to believe it.
     
    #11     Mar 8, 2020
  2. Metamega

    Metamega

    Sure. Use it on whatever your timeframe is. 20 bar ema/ma 2 ATR, perhaps try 1 ATR. It will adjust quickly for volatility vs a hardstop.
     
    #12     Mar 8, 2020
  3. SanMiguel

    SanMiguel

    Depends. You can have a larger target with smaller stops.
    However, if volatility is higher then that's making your target higher and therefore need a larger stop.
     
    #13     Mar 8, 2020
  4. CannonTrading_Ilan

    CannonTrading_Ilan Sponsor

    #14     Mar 8, 2020
    comagnum likes this.
  5. tiddlywinks

    tiddlywinks


    The thread title and the OP of which you are the OP refers to volatility.

    If you increase a stop due to volatility and you do not increase your take, all you are doing is taking on additional risk!!

    Stops and targets may or may not be correlated dependent on trading setups, methods, styles etc. Such a correlation, if it exists in a given trade, does not change the fact that adjustment for volatility needs to apply to both sides of the equation.
     
    #15     Mar 8, 2020
  6. https://qoppac.blogspot.com/2020/02/what-is-right-way-to-set-stop-losses.html

    GAT
     
    #16     Mar 9, 2020
  7. #17     Mar 9, 2020
  8. Of course and that's what volatility is all about. Higher volatility, higher risk.
    I agree somewhat. For scalpers looking for 5 points with a usual 5 point stop loss will find their win % to go down drastically in this volatile market. Moving to 10 point stops could solve that problem. Has their risk/reward changed ? Of course it has....and for the worse....because of the volatility increase. Bottomline: Volatility reduces the reward-to-risk ratio. It only makes common sense....and we don't need some MIT $300,000/year quant grad to demonstrate this.
     
    Last edited: Mar 9, 2020
    #18     Mar 9, 2020
  9. all stops are flushed in illiquid markets especially overnight. these computer algos are program to take out all stops. programmed to kill
     
    #19     Mar 9, 2020
  10. always have stops in case your go MENTAL or possessed.! and cannot do a mental stop!!! your know what i'm saying.!!!
    in these markets price can gap down or up quickly.. in less time to get cup of coffee or washroom back,, you come back and the market moved against your MENTAL stop.

    mental stops are for mentals.


     
    #20     Mar 9, 2020