The document mentions a stop loss of 40 or 50. I'm wondering how you arrived at it?
I have to say that I'm very encouraged by the idea of a fixed stop before the trade is in place. One of my biggest problems with the earlier systems was the whole idea of recovery systems. Even if they work (and I admit that they might), carrying that kind of drawdown was not going to let me sleep very well.
I have to say that I'm very encouraged by the idea of a fixed stop before the trade is in place. One of my biggest problems with the earlier systems was the whole idea of recovery systems. Even if they work (and I admit that they might), carrying that kind of drawdown was not going to let me sleep very well.