Chandelier exit
Technical analysisA trailing stop placed a multiple of ATR below the highest high since entry.
In plain terms
The standard method, because it widens automatically as the stock gets wilder and tightens as it settles.
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Glossary
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
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