As I said, I trail the stop. I've only hit the max loss of 10 points twice. Usually it's 6-7 points loss. If I didn't trail the stop, my hit rate would probably increase to closer to 80% but I haven't tried it that way yet. I do in fact take commissions into account. And yes, the commissions are a significant fraction of the expenses for this system. I didn't say I liked it, I'm just trying out some concepts. The bigger question is what kind of fills I'll get using live ammo.
Good Luck......JM....vol said Shutup....now see, I just said control the mouth....who is the ugly one? You must accept reality.....I have..........my number one fault is a big mouth......learn and earn......You will learn more in this business with the eyes than anything else........BEst wishes and good luck sincerely....can u accept my humblest apologies if I have offended you? No offense intended.....You have built porgie up in your mind to be a bad person who is trying to foil your career......nothing could be further from the truth........I am wonderful and wish u th esame. Just ahve seen all the BS these forums can produce and know the reality of realtime trading real money.........slim chances.......very slim......but doable
Nice call. Didnt notice. Todays the first day I traded in 3 weeks. Recently moved and it took that long for internet to get hooked up.
What about when you have a late day reversal? Shorts caught with too little time to cover and have to cover the next day...