Stop Orders by Tony Loton is a fundamental book about the use of a tool named Stop Order in the technical analysis. Stop order to buy, to sell, trailing stops, position-sizing, market timing, short trades, long trades, ATR and so on. What is most important is finally the use of a strategy in scalping that gives some losses and many more gains, so the use of the stop orders in the eyes of Tony Loton aid to cut the whipsaw losses and help to run the profits. It's part of money management discourse and in a combination with pivot points also. The only one book that treating this specific argument.
