woulda, coulda, shoulda, oughta With finer distinctions comes more opportunities and less doubt caused by the above - one can always re-enter after an early exit.
If your doing runners, then your SL needs to larger as you'll often get to profit then general chop will at some stage hit your SL costing you $$$'s, why runners don't work for me as I'm not prepared to take that much downside heat.
Care for explaining that math? I don't see it. It all depends in my opinion unless I am not seeing something you are.
Just cause you can't do it with a 10SL on DAX for instance, doesn't mean you can't use a 30SL and Let some run to +90. Don't try to use a scalpers SL and expect for it not to get hit in short, error I keep making!!
I trade off chop, got 2 reversal areas, so I average down frequently, if I only traded the 2nd further out chop range, I'd make less trades and less money. Downside, when chop range breaks out ofcourse, but doesn't happen that often.
No I prefer a 90% win rate with a 15SL and I gun for anything from 5 - 30 really, rarely get over 30. Kinda irrelevant without knowing your average profit, but if you treat every trade like it's a runner with a 10SL then 30% win rate is what you'll get if not less.