|
Stops really depend on the setup you use. Some setups require a wider stop while others can be traded with a tighter stop.
Do you know the ATR of the underlying stock you are trading? For example, the SMH can be traded using a tighter stop then Google for example.
Also, swing trading requires a wider stop then day trading. You need to understand this. If the current strategies you have do not fit your risk parameters, perhaps you should look for alternative trading strategies?
Stockaddict
|