Normal
This is why I have asked the questions I have.If you are going to make your B/E some sort of arbitrary exit for momentum lagging then you are going to have to have a very strong and low volatile market for it to work.The small cuts in-between time could be very agonising if you enter markets that are not strong enough. MC with its limitations is not necessarily going to paint the true draw down picture.If you look at the market when things worked it was a fairly rare event with the overall market rising at 70%+ annualised for a few month period with very small ranges. The current up leg is half that speed with larger ATR’s.If the B/E stop is non negotiable perhaps the market filter need to only switch on in explosive strong markets.Perhaps consideration could be given to smaller parcel sizes so that pushing quickly to B/E is not psychologically so imperative and retests of breakouts (normal action for a normal up leg) can be allowed to occur without discomfort. Maybe the AW/AL comes down a bit but your W% is likely to more than compensate and your opportunity defiantly goes up because you are not scratching so many trades.Probably -Sorry - I'll try harder. [But you gotta admit it takes one to know one]??
This is why I have asked the questions I have.
If you are going to make your B/E some sort of arbitrary exit for momentum lagging then you are going to have to have a very strong and low volatile market for it to work.
The small cuts in-between time could be very agonising if you enter markets that are not strong enough. MC with its limitations is not necessarily going to paint the true draw down picture.
If you look at the market when things worked it was a fairly rare event with the overall market rising at 70%+ annualised for a few month period with very small ranges. The current up leg is half that speed with larger ATR’s.
If the B/E stop is non negotiable perhaps the market filter need to only switch on in explosive strong markets.
Perhaps consideration could be given to smaller parcel sizes so that pushing quickly to B/E is not psychologically so imperative and retests of breakouts (normal action for a normal up leg) can be allowed to occur without discomfort. Maybe the AW/AL comes down a bit but your W% is likely to more than compensate and your opportunity defiantly goes up because you are not scratching so many trades.
Probably -Sorry - I'll try harder. [But you gotta admit it takes one to know one]
??
Hello and welcome to Aussie Stock Forums!
To gain full access you must register. Registration is free and takes only a few seconds to complete.
Already a member? Log in here.
