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I have one system that uses a 10% profit stop that works well (depending on
volatility of stock). I haven't had much luck with trailing stops due to my
short term trading nature.
-----Original Message-----
From: owner-metastock@xxxxxxxxxxxxx
[mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of neo
Sent: Mar 15, 2001 12:09 PM
To: metastock@xxxxxxxxxxxxx
Subject: Profit Stops
I wonder if people could comment on profit stops. It seems that I buy
stocks, the price increases, and then they fall down and I lose most of my
profits. Is it best to stick with a trailing stop or should a certain profit
% be used to take profits? What profit stop should be used?
neo
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