- What's your exits?
- How many live profitable trading system do you have?
- What does the grey number behind the slippage mean?
I assume the standard 2 exits a trading system should have is TP and SL
How many exits does your system have?
I just experience from my trading system that have 3 exits and adding one more does more harm than good
I use TP,SL and Trailing
Rosiman:
I use TP,SL and Trailing
that's 3 exits
I use TP,SL and Trailing
doshur:
that's 3 exits
yes 3
that's 3 exits
In trading, there is really no hard-fast rule or standard so to say. The number of exits would be largely determined by factors such as your risk appetite and your strategy. I would rather talk about least number of exits. One standard rule however in money management is to always ensure that you have a stop loss for every trade so from this angle, you may want to say that the least number of exit should always be 1.
verdure:
In trading, there is really no hard-fast rule or standard so to say. The number of exits would be largely determined by factors such as your risk appetite and your strategy. I would rather talk about least number of exits. One standard rule however in money management is to always ensure that you have a stop loss for every trade so from this angle, you may want to say that the least number of exit should always be 1.
Nope. I would not want to ask that.In trading, there is really no hard-fast rule or standard so to say. The number of exits would be largely determined by factors such as your risk appetite and your strategy. I would rather talk about least number of exits. One standard rule however in money management is to always ensure that you have a stop loss for every trade so from this angle, you may want to say that the least number of exit should always be 1.
There is already one exit in every strategy call margin call.
Im collecting statistics to find out if more exits in a trading system is more profitable or not.
I think 2 are enough.
MetaSky:
what are the 2?
I think 2 are enough.
The two exit strategies: one to handle profits and another to handle losses.
MetaSky:
Hard values of tp and sl or variable?
The two exit strategies: one to handle profits and another to handle losses.
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