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 Trailing Stop?

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PostSubject: Trailing Stop?   Sun Nov 09, 2008 8:50 pm

I've searched and gotten some info but I want to be sure about this before screwing up. I know that I can set it by percentage or by points. Which is better? And can someone give me a really good example
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PostSubject: Re: Trailing Stop?   Fri Nov 14, 2008 12:49 am

id use points if you are talking about day trading and percentages if youre talking about swing trading..

for swing trades i like to use 4% stops on shorts and 8% stops on longs

for day trades, it depends a lot on the stock and time interval. usually a $100 stock, id use a 50 or $1 trailing stop.
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