A number of students on my trend following course have mentioned a couple of different trailing stop ideas, so I thought I would put them to the test and see how they perform. Following is an exploration into two different methods; an idea from Nick Radge and a chandelier stop from Charles Le Beau.
Last Week’s Picks:
Regular readers of this blog will know that I am a fan of quantitative trading methods. I’m not a very good discretionary trader so I get around that fact by using rules to make investment decisions. It pays off since it stops me second-guessing my trades and getting out at precisely the wrong time (which is […]