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3min chapter
172: The Magic of Momentum Trading – Alan Clement
Better System Trader
Trailing Stops - What Are They?
Tony, good day Tony. So I think now it's probably a good time to talk about exits. You've already touched upon using the relative momentum as an exit. Can you discuss different ideas for trailing stops? Any ideas beyond fixed percentage? A centage ATR based chandelier. No, no, I've done a lot of work on stops over the year and almost always I find that the impact negatively on results.
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