gnome, What is your favorite low risk trade (gimmick) trade with the least amount of risk/time exposure. e.g. slingshot. This excludes your present proprietary strategy and would infer to something in the public domain that isn't exploited on a large scale to date. No such strategy maybe available for public consumption. No answer is fine. Peace, health and happiness for the new year, infolode
Are your stops relatively tight or loose /try you keep them out of standard stop running/? Do you place them on obvious places or try "hide" them?
Stops relatively tight. A buffer is needed, and its size is somewhat arbitrary... by example, let's say there is chart support at ES 1500... I might have my stop at 1499-1497. If the punch into support is whimpy, hopefully I won't get stopped. If it's the real deal, I don't want to be in there for too long.... somewhat of a guess as to where to place it.
What can I say... I watched them for a while and the market blew past them like they didn't matter. So, I concluded that they weren't as correlative as conventional wisdom believed.