Forum: Psychology and Money Management
December 10th, 2009, 11:57 AM
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Replies: 10
Views: 7,378
Another time-tested way is to use a dynamic...
Another time-tested way is to use a dynamic calculation either based on stop price or ATR. I prefer the latter but of course some based their stops on ATR (or some other volatility-derived...
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Forum: Psychology and Money Management
December 10th, 2009, 11:49 AM
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Replies: 10
Views: 7,378
Another rule of thumb - which you can tweak to...
Another rule of thumb - which you can tweak to personal taste of course - might be something like this:
Take the maximum expected daily drawdown or drawdown series if you have reason to believe...
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