You know after thinking about it a bit, what if you used the following info to come up with a number. Exit Slippage (Could be pulled from live Bid/Ask numbers) Reentry Slippage Commissions Both Ways Even possibly a buffer amount or % to account for ...
Has anyone ever seen the math done anywhere on when it is actually better to get out and re-enter at the lower price when a trade has turn against you? I see A LOT of subjective opinions (i.e. ... I use a 5% stop, no stop or just whatever my gut ...