What's the best stops ticks for DAX fut and YM?

Discussion in 'Strategy Development' started by Learner, May 7, 2006.

  1. Learner

    Learner

    Hello my fella ETers,

    I would like to learn from the experienced and newbies.
    What's the best stop loss setting, how many ticks, for DAX and YM? Why?
    There are three conditions:

    1. You are day-trading every day to meet trending days and choppy days.
    2. You will not hold any position overnight.
    3. Your account size is over $25K and below $50K.

    My: DAX 5 ticks, YM 7 to 10 ticks.

    May this be a freindly discussion.

    Always a learner