How to use ATR for stock selection, trailing stop-loss and profit booking? How to use ATR for stock selection, trailing stop-loss and profit booking? Profit booking is the most significant part of short-term trading. We make a profit or loss not on our entries but on our exits. Karan Dsij / Saturday, June 4, 2022 0 1933 Article rating: 4.4 Many traders use normal support levels defined by a demand zone to set up stop losses. However, in this method, many traders ignore the speed of volatility. Read more