As from the title, I mean which method has the best ratio safety/profitability for you (support resistance based, atr based, range based, time based etc etc.)
Share your opinion...
These are calculations.
And calculations are not opinions.
Opinions are open to interpretation.
Mathematics does not have that property.
It is an exact science.
You are still barking up the wrong tree by using profitable and loss in one line.
The words are self explanatory a stop loss is there to prevent you from more loss.
If that is also more profit depends on other things.
My stop loss is alwais tecnichal, it mean based on support and resistance and areas of prices.I use the fixed percentage of equity as money management.
It means that my risk in term of money is growing with my equity
I use ATR sometimes for determine trailing stop.
This worked till now very well for me.
I dont use ATR for determine stop loss, but i use to watch it and put it in my trading diary at the moment only for get statistics
If somebody use ATR for determine stop loss, please share your experience and tell how.I know somebody use the current points, or moltiplicate it for 0.5 or 2 , or 3.
Id like as well to know something more about other experiences and statisticallyCiao)
Ciao Alberto, I'm italian too! :-) An ATR stop is the best choice for trend trading because it reduces loss a lot if you are "sure" that the price will not turn back consistently. I use sup/res stop too, that has a bigger "margin space" but sometimes it means a big loss sometimes a little loss depending on where is the sup/res, and this is what I don't like...safety is good but profitability/less loss is not so convenient, that's why I'm searching for a better method...
Ciao! Un Italiano !! Grande...vivo in Russia pero' ...al freddo!!!Yes, interesting point of you, sometimes sup and res have rather big range, and that can influent the profictability rather heavily.
Even more for who like me use a position sizing relationated on a percentage of equity, it mean bigger is the stop loss, less is the size, and less is the profict if market follow your way.