On average, what have you guys found to be the best trailing stop percentage in your trading/investing? I've heard 20% is a good one to use. Of course, the optimal percentage depends on many variables, but I'm talking about on average.
Thanks!
On average, what have you guys found to be the best trailing stop percentage in your trading/investing? I've heard 20% is a good one to use. Of course, the optimal percentage depends on many variables, but I'm talking about on average.
Thanks!
Hi Mike, I reply as I'm a trader not a programmer.
20% I think it's too much. Usually on a long term view on a stock/bond a 15% is applied, with a 0.5 step on the trailing.
Also depends if you are using a leveraged account, where a 20% * (leverage) can litterally obliterate the value of the account!
I suggest you a 15/10% w/o leverage, and 2/5% with.
Best