I have a problem with this system, unfortunately. Everything else is perfect, except trailing stop. I did some backtesting and trailing by 50 pips seems to take you out too early sometimes before a strong take-off.
How do you guys trail your stops? Do you trail them every time the price moves up 50 plus? or you trail them pip by pip, as Jacko said in the beginning of the thread, i.e. you buy at 5700, price moves to 5731 so your stop will move from 5650 to 5681?
can someone enlighten me here? because I believe this is the most important difference between losing and being succesful with this method. thanx.
How do you guys trail your stops? Do you trail them every time the price moves up 50 plus? or you trail them pip by pip, as Jacko said in the beginning of the thread, i.e. you buy at 5700, price moves to 5731 so your stop will move from 5650 to 5681?
can someone enlighten me here? because I believe this is the most important difference between losing and being succesful with this method. thanx.
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