The New Sell and Sell Short: How to Take Profits, Cut Losses, and Benefit from Price Declines, Expanded Second Edition

Question 64—Wider Stops

Find the correct statement about using wider stops:

1. A major uptrend is less volatile than a minor one.

2. The wider the stop, the greater the risk of a whipsaw.

3. A stop belongs outside of the zone of the normal chop of prices.

4. The wider the stop, the larger position you can carry.