Trading the Trend Podcast – EP031 – The Optimal Stop Loss Position

trading the trend podcast

Have you ever struggled to work out the perfect balanced stop loss order position for your trades? Do you just use gut feel? Hunches? A rough idea or do you have a defined systematic approach? How has it served you so far? How often do they help or hinder you? This week we discuss this tricky art and work out the best way to identify the optimal stop loss position.

The Trading the Trend podcast was created by active trader Chris Chillingworth to share insight, ideas, tips and experience on how to improve as a trend following trader. Self described as a british bearded trend follower who likes rock music, wine and formula one racing.

Trend Following is a strategy that does not make predictions on the stockmarket, but instead looks at reacting to what the price of a market is actually doing. There is no attempt to be right, on the contrary, Trend Followers expect to be wrong most of the time. They focus on killing losses quickly and letting winners run to ensure profitability.

Trend following does not utilise fundamental data to form opinions on what the markets are about to do. It is all about finding a system that works and focusing your energies on executing it accurately.

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Chris Chillingworth is a systematic mechanical Trend Follower, trading and spreadbetting stocks, indicies, commodities and forex markets using mainly End of Day Trend Following Trading systems.
Chris is the host of the Trading the Trend Podcast, a show dedicated to Trend Following strategies, as well as The Spreadbet Beginner Podcast, a show dedicated to Financial Spreadbetting using Trend Following techniques, with both shows reaching over 100,000 downloads and counting.
Chris has been coaching both beginners and experienced traders since 2014 and has so far helped over 1000 traders and spreadbetters improve their results. Chris provides online video courses to help traders understand what they really need to know in order to become profitable and has always championed that your psychology is more important than your mechanics.
Chris also runs a one to one coaching service called the Inner Circle, details of which can be found on his website.
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