Posts Tagged trusting your trading system

Trusting your Trading System

Trusting your Trading System

Today was a disastrous day for one of my trading systems. Let me describe below how I usually trade the system. The horizontal lines are my buy and sell lines, if the market goes above the top line, I buy and if the market goes below the bottom line I sell. The stoploss in either case is 20 pips and the limit order or potential profit is 40 pips. However, you can see today that the market was rather choppy and the short was initiated first but it never hit the limit before it shot up, hit

February 9, 2011 No Comments Full Story