Hi,
As I noticed that the stop loss points I use, are almost everytime the reverse points of the trend , I wonder if some of you use stop points as reverse points to 'reverse' your trade and ride it in the other way ?
I looked my trades of the last periods, and I saw that almost everytime,all stop loss points my system gives, are also the reverse points of the trend.
This means that from 150-200 pips a week, if you use your stop points as a 'reverse point' (which must be put in a strategic position ofcourse), basically you are going to ride all the trades of the week to make also 300-400 pips a week.
This is an implemantation I will discuss and I will modify the system to add also this possibility and see if what I am saying will double our pips.
Why give up and consider the stop loss only a mistake ?
Thanks
As I noticed that the stop loss points I use, are almost everytime the reverse points of the trend , I wonder if some of you use stop points as reverse points to 'reverse' your trade and ride it in the other way ?
I looked my trades of the last periods, and I saw that almost everytime,all stop loss points my system gives, are also the reverse points of the trend.
This means that from 150-200 pips a week, if you use your stop points as a 'reverse point' (which must be put in a strategic position ofcourse), basically you are going to ride all the trades of the week to make also 300-400 pips a week.
This is an implemantation I will discuss and I will modify the system to add also this possibility and see if what I am saying will double our pips.
Why give up and consider the stop loss only a mistake ?
Thanks