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RE: How to Use Trailing Stops

in #trading6 years ago

I normally use a stop of 2-3x Average True Range so it takes account of volatility, works pretty well and a lot of other traders use the same.

When volatility drops the ATR drops too and the stop tightens, it helps to lock in more profits when the market goes quiet and keeps you in the game when it's all a bit hectic.

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