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REDDIT

Setting stop losses and ATR.

I’m very new to swing trading and I was watching a video online about how to set take profit and stop loss by incorporating the ATR. In the video, the narrator said that ATR changes and we should be adjusting our stop losses to account for it, however, this seems to go against what I’ve learned so far in that we should not be touching our stop losses once they’re set. Also, I use the trailing stop loss, so I’m not sure how that actually plays into it or if it even does. Can anybody help me to better understand the role of ATR and stop losses? Thanks.