Here is one more example how I keep of both types of trades, while performing a chase. By chance, the profits at both edges are identical.
To me, it is clearly visible I should have followed the rate and abandon all buys at the top (flip from buy to sell, that is what the ZZ do suggest), but this is my very first test of a very old breakout strategy of mine, now having flipping capabilities. At times of range, this should be very low DD. A complex coordinationin between stop and limit orders is required. Unfortunately, there is going to be some low DD. Cannot make it within a pair without any DD...
To me, it is clearly visible I should have followed the rate and abandon all buys at the top (flip from buy to sell, that is what the ZZ do suggest), but this is my very first test of a very old breakout strategy of mine, now having flipping capabilities. At times of range, this should be very low DD. A complex coordinationin between stop and limit orders is required. Unfortunately, there is going to be some low DD. Cannot make it within a pair without any DD...
Maadik Hugiis. IQ 69.