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Old 10-28-2007, 05:25 PM
ranj ranj is offline
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Re: Help with Stops

Bam-Bam,

Here is a link to good webinar on stop placement.
http://www.cbot.com/cbot/pub/cont_de...+42256,00.html

I would start a stop only analysis journal, and examine about 30 trades or so.
It would go something like this.

Chart
Direction
Enter because
Stop placed
Stop option 1 (pivot high)
Stop option 2 (bar high)
Stop option 3 (Last WRB closing lower, high)

Then look at the percent of times that each stop was hit.
Trading is about discovering who you are and studing yourself as you participate in the market.

Good Luck
Rajiv

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