Bruce Hands Veteran  Posts: 118 Joined: 12/25/2003 Location: Butte, MT  User Profile | Hi Ryan, Many thanks this helps explain the logic of the 1 bar unprotected day in trade. I wonder how many trades out of 20 or 30 open positions would be unprotected in any give time? Sounds like a mathematical nightmare. It might just be easier to come up with a fixed loss stop as Ryan suggested in step three, anyone have any good ideas? Use ATR's or maybe there is a way to use the value of the trailing profit stop the day before it gets canceled by the 1 N bar exit and have it as a fixed loss stop for that one day? Thoughts anyone? In these days of potential 911's I don't even like one day of exposure especially on a portfolio of multiple zeros. Bruce H | |
