Disliked{quote} Does this have anything to do with the strategy by remon or are you just advertising your stuff here? {quote} It surely is a good way to eliminate losers. It's just that I don't know if, for example, it would be better to close 5$ profit 10 times or close 50$ profit 1 time. You know what I mean? I am trying to find the best settings at the momentIgnored
I agree that $5 x 10 would be better (at least safer) than $50 x 1 in regard to getting rid of deep loser trades, but it could be done only by automation.
Remon's idea - in Video Part 2 - is doing practically that... which is why we are "standing in line" for his EA...
(I can do a 5% close manually once or twice a day, but a 0.5% closure 10-20x a day is not very practical without automation.)