Thread: Trailing stop newbie - how to determine a good %?

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  1. #1

    Default Trailing stop newbie - how to determine a good %?

    I have to admit that I never used a trailing stop order before. I have lots of long stock and figured that in in this market a trailing stop would fit m long strategy. I figured that using a rather than $ stop would be best. I want to avoid selling just from daily volatility. I could not find out how to determine the range of up and down during a certain period. For example what was the max down during one day during the last six months for SIRI?
  2. #2


    I agree with Doodman. You want to put your stop loss order in just below the support line that you used when you decided to enter the trade.
  3. #3

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