The 2% that you refer to is what I use with the Hourly system.
With the VTO Modified I have yet to use a stop and have not decided where it should be. In 2002 I had a 7.92% loss but the year finished with a 40% gain. I guess that if I saw the thing going non stop down I would bail out. Such as what happened after 9-11. There would have been a 26% loss. I had not started using the system then.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.