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Old 09-06-2007, 05:12 PM
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Trailing stops vs that other way
Lately I've been having major issues with stops and trailing them. Today, for instance, I was long the YM at 325, and price moved up 12 ticks or so and then when I saw price start to get halted around 333ish on 2 5min bars, I moved my stop to BE +1 and got stopped out, only to have price rally nicely for 50-60 points pretty quickly.

I've been trying to come to terms with if I should just set it and forget, or actively trail my stops. What do YOU do and why?

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