LEHayes:
What I am attempting to do is to take the current stop loss value calculate a percentage like 5% against it to get the pinch of increase I want to apply to the current stop loss to set my next target stop loss in a trailing stop loss. Formula: NewStopLoss = CurrentStopLoss * 0.05 + CurrentStopLoss. The numbers I am getting are really insanely small or insanely large if I use a "/" instead of a "*".
Do your calulation step by step with real values and with your calculator, that will become obvious.
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What I am attempting to do is to take the current stop loss value calculate a percentage like 5% against it to get the pinch of increase I want to apply to the current stop loss to set my next target stop loss in a trailing stop loss. Formula: NewStopLoss = CurrentStopLoss * 0.05 + CurrentStopLoss. The numbers I am getting are really insanely small or insanely large if I use a "/" instead of a "*".