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Trailing stop loss

Discussion in 'Technical Analysis' started by verenmitter2001, Jun 22, 2014.

  1. verenmitter2001

    verenmitter2001 Member

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    Hi shabbir

    It being long but I can still can't decide where to put trailing sl.
    Most of case when my stock move up I keep my original sl and the moment I change sl it surely gonna hit due to volatile movement.

    I am sure I am putting wrong sl can you throw some light on this.

    Regards
    Veren
     
    Last edited: Jun 23, 2014
    verenmitter2001, Jun 22, 2014
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  2. shabbir

    shabbir Administrator Staff Member

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    Reading your other posts it seems you go towards good risk reward ratio but it also means your stop loss is too close to getting hit and I just did not post update in those posts because of your this post.

    So if your SL is too close, you can hit that too often but hitting a trailing stop loss is not an issue because you are increasing your loss to let the profit ride and come out of it with just couple of red candles.
     
    shabbir, Jun 23, 2014
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