Posted by fishbait on 11th of Aug 2011 at 11:38 am
What is really needed for this system is a stoploss formula that
takes into account the volatility and price action. The
stoploss therefore would move up as the price moves up.
To keep the stoploss at -6.5% from intital entry really is not what
a system should do. I think this could be done by your
programmer and better serve the systems needs.
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hard % stop
New SPY system stop loss rules, etc
Posted by fishbait on 11th of Aug 2011 at 11:38 am
What is really needed for this system is a stoploss formula that takes into account the volatility and price action. The stoploss therefore would move up as the price moves up. To keep the stoploss at -6.5% from intital entry really is not what a system should do. I think this could be done by your programmer and better serve the systems needs.