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Re: Trailing stops vs that other way
Hey Brownsfan,
I do go for larger targets (30-40 points) and 1-2 trades per day. Reason being, I don't care about getting filthy rich...just want to have the freedom, so I don't care if I make 4 thousand yM points a minute.
I think my stops do need to be a little looser...and yesterday I found myself in a choppy area thinking it might yield a bit more, which it didnt.
I might look into the ATR way of doing things. Sounds interesting.
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