I have been reading through Articles and Forums this morning , and have been trying to narrow down, what the most ” Meaningful / Accurate ” form of Basing your Stop placement…..is ?
There are arguments for each of the following methods to use, for where and how you should base and place your Stops :
1. ATR ( a Volatility based metric )
2. at the 2 SD level ( Bollinger Bands for instance )
3. Just above the Last Swing High/ below…