shagjohn
12-21-2005, 01:17 PM
I'm guessing the answer is 'it depends', but just wanted to get some insight from the folks here. I'm attempting to do swing trading, and one news service I subscribe to recommends a fixed stop at what they believe is the support level, but I really like the 'set it and forget' approach of trailing stops.
Or is one better for trending and one for anticipated breakouts (where buy stops can be handy)? What do you all prefer? I'm a noob and just looking for food for thought / insights.
The thread on trailing stops (http://forumserver.twoplustwo.com/showflat.php?Cat=0&Number=4016236&page=0&vc=1&PHPS ESSID=) is related, but is more on how to use trailing stops.
Or is one better for trending and one for anticipated breakouts (where buy stops can be handy)? What do you all prefer? I'm a noob and just looking for food for thought / insights.
The thread on trailing stops (http://forumserver.twoplustwo.com/showflat.php?Cat=0&Number=4016236&page=0&vc=1&PHPS ESSID=) is related, but is more on how to use trailing stops.