Dislikednot a singel response to post 2296... why do i even bother.
good trading to all.Ignored
i do a lot of backtesting and demotrading and for me i think its ok to trail the stoploss wit 20 pips.
Like on the backtst of the 12.5.2009 there was a lot of flags in the trendmove.
first trade with 20 pips stoploss trailed = -$70
second also trailed with 20 pips = -$80
3rd trade the PA reached 36 pips and after already 2 loosing trades i was not willing to give that back and i closed with 30 Pips = $300
4rd trade trailing 20 pips = $30
5rd trade trailing 20 pips = $90
all in all = $270 not a bad day
What i have learned from this day: Trailing Stop can save u from bigger losses, but sometimes , if u can turn a loosing day into a winner its better to take the profit.
for me, the exit of this SYSTEM II is not easy and im still working on it