Traders Laboratory - View Single Post - Using smart stops instead of trailing stops
View Single Post
  #6 (permalink)  
Old 10-16-2007, 09:00 PM
Infinity_Tom Infinity_Tom is offline
Infinity_Tom has no status.
Partner

Trader Specs
 
Join Date: Aug 2007
Location: Chicago, IL
Posts: 72
Thanks: 5
Thanked 8 Times in 8 Posts
Re: Using smart stops instead of trailing stops

Quote:
View Post
That's a good idea Tom if the it fits your style of trading. For some, myself included, trying to get too 'fancy' on the exits only causes more harm than good. Again, depending on how you trade, a multi-bracket may not work well. As with anything else, the end user needs to do testing on any strategy before putting into real trading.
Hi Brownsfan,

You are right of course. Everyone has their own style of trading and must use what works for them.

Tom

Reply With Quote