dear cotton, i am veri much happi that this question was asked from u, from a person who started sharing his thoughts at this thread with me at the veri beginning when this forum and this thread and its members were all new to me.
answer to this question will be the back bone of mine book which i have plan to get it publish for that i will take required steps around 2015 after achieving two of mine life time targets,out of three which i planned and i am doing effort that five from whom i expect mine first target of giving 100 fold multiplication to capital will be achieved from all of them.authuncated record of all these six achievement will also be part of mine book.
purpose of this is i am going to prove everi bodi can learn trading with proper dicipline
now let us come to ur question:
when i studied two or three prevailing sistem of stop loss,i felt all were absoluteli perfect
but were based on single line,so if we place them with our broker most of the time after giving triger to ur stop loss,move will go in its previous direction and will prove to be a whispa triger for u and move is still earning but now u are not a part of it
as far as first stop loss line was concerned,this hiddon sistem was available in the mind of hundereds of successfull traders,but problem was ,it was available at inter nett but in parts,so if some bodi deserve it,he can get it from internett using seed to tree strategi but till he will not converte him self from seed to tree,he will never get it from internett.i still spent approx 12 month to chase this sistem of stop loss from internett so first stop loss line of mine indicator is not mine discoveri, but after chasing it with mine knowledge, in mine book i will disclose it for everi bodi wheather he has capibilti to chase it from internett or not(THIS IS THE DETAIL OF VOLITILITI PART OF STOP LOSS INDICATOR WHICH I DEVELOPED FOR MINE BOOK :to be continued for momentum part of mine indicator