Best Trailing Stop or Stop Loss
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I am just reaching out to see what other stop losses are available for trading. Currently I am just using a simple 20 point trailing stop but interested in trying to capture larger moves. The only issue is some of my trades are fairly short and only have a small profit window before it will go in the negative so a smaller stop loss will work with these trades. While at the same time most trades offer opportunity to capture larger profits.
So I am looking for a way to capture profits for both small and larger trades. Any ideas or help would be appreciated.
I attached an image of two trades I had today as an example.