I realise stops differ for every system but for a shorter term trader looking to be in positions from a few days to a few weeks what is a good multiple of the ATR to use as a stop? Is 2xATR to small (to avoid market noise)? What multiple is too large?
Also is there much difference using a multiple of the "ATR" as a stop and using a multiple of the "10 day Moving Average of the ATR"?
Are there certain benefits and negatives of both of these?