Evaluating Exit Strategies

Discussion in 'Risk Management' started by frostengine, Mar 6, 2011.

  1. A while ago I read a nice quote that I now apply to my strategies. "Perfection isn't when there I nothing more to add, its when there is nothing left to take away."
     
    #11     Apr 5, 2011
  2. jelite

    jelite

    Did any experience trader on this forum test an "exit" of a grid type? An example: you have a profitable strategy which has a 10 tick stop and 20 tick exit. Would you increase your profits by trying to collect ticks from the market by having orders continuously added in your desired direction spaced 1 tick apart (still respecting the hard exit of 10 ticks).
     
    #12     Apr 8, 2011