Im looking to do some trade simulator back testing this holiday weekend. I got an idea of a stoploss level from a Donchian Channel Breakout system in that the stop loss price is calculated 10% from the market price where it was opened, however I dont know if I understand how this is calculated???
Ex. - buy on 20 day breakout, stoploss is 10% below entry.
Really dumb question I know, just been really tired this past while
Ex. - buy on 20 day breakout, stoploss is 10% below entry.
Really dumb question I know, just been really tired this past while
All posts are my personal opinion