Forum: Trading Journals
December 17th, 2012, 06:52 PM
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Replies: 77
Views: 12,148
ATR
I use a 20 day atr period because, I also use a 20 breakout period. I close out the position interday if a price trades one tick below my 2ATR stop.
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Forum: Trading Journals
December 16th, 2012, 02:28 PM
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Replies: 77
Views: 12,148
Atr
ATR is average true range. It's the average range of movement a stock displays. The last couple months I have been setting the initial stop at the beginning of the trade ,2 daily atr's below entry...
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Forum: Trading Journals
December 15th, 2012, 04:00 AM
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Replies: 77
Views: 12,148
Same problem
I was having the same problem you are and I was setting my stops directly below the candle like you too. I now know that was the reason for my terrible win loss ratio. I think you just have it too...
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