I've qualified the rule previously in the thread. For 24 hour break, I use the 2nd entry time and not when I get stopped out. I do not have a record of consecutive losses as I only started papertrading this strategy with the start of the journal.
I agree with you, but for purposes of the journal I will not be moving my stops at this time. I have enough problems posting in real time on just the trades, let alone moving stops etc. I think regardless, some trades are going to stop out at be like this one (that did turn into being a 10pt winner) vs. ones that would stop you out at your original stop loss.
The second trade was initiated at approximately 10:35AM on Thursday. Per the 24 hour rule, we would have missed the first r10 signal long at 10:05AM (which was successful for those who only take a break till the 4:30EST close) The second signal short at 10:50AM EST was past the 24 hour rule and should have been taken. This trade is still pending although I was unable to post it in real time. Trade as follows Short at 1300.50 Stop at 1303.50 Target at 1290.50
I apologize that I was not able to post on Friday. I trade a lot of equity options and with Friday options expiration day I was quite busy rolling some positions and closing some out.
That was stopped out but I think there should be another short entry from 1304, because overnight low was 1294. Also the stopped out position went 6+ pts in the money....