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Old 11-09-2007, 02:32 PM
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michael dunbar michael dunbar is offline
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For my style of trading (daily charts), stops are the first thing I enter. If I don't know my stop, I don't know my risk.

I mostly use 70-80% of ATR(20) for my stops but it really does depend. I go into detail in my free ebook. click on my user name to find the thread.

p.s. I have a trading aquaintance who just looks at price on his platform to judge the entries/exits. Everybody's different but for me, I can't work without stops/
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