All i know is, if someone presents you a chart without showing your the timeframe, where would you put your stops/targets? I don't think swing trading is any more "dangerous" than scalping or daytrading. It's all relative.
I'm primarily a volatility breakout guy, so I only care about the...
Dude that's fractals indicator. You want to swing but want to cut the trades short cause you're stuck on this scalp stops nonsense.
Your original stops were basically atr 1 period.
So basically in you mind a good trade is only when it shoots straight out of the level without the "headfake" retracements. Which is fine if you're trading volatiltiy breakout, but you're using daily charts, so I'm not sure why you think that was a good place to put stops.
I would do something...
Here's a suggestion, it's probably best for you to use some 3rd party analytics than some simple spreadsheet to show your performance that looks like a high school student just made. Better yet, forward test that algo and see how it performs in live market and money.
Something like...
That's interesting. I'm pretty much at the same spot too. Just aiming for like 40-50% annual gains but with full automation. I'm resigning to the possibility this is the best I can do and focus more on other things in life like my career or other business ideas.
Created variables reverse lots. Basically algo will now compare net position (after reverse AR) status with calculated reverse lot (CRLT) before setting target.
double CMMS,CMMR,TRLT,CRLT,ARLT;
void CLRV() // CLEAR FIELDS FOR NEXT PROC
{...
He's talking about going out on your own so early and wasting time making the mistakes instead of focusing on building tangible skillsets and enjoying life while your metabolism is at optimum.
If you have a profitable mentor at that age, consider yourself lucky.
I love everything about trading BUT trading itself.
I love backtesting new trading strategies
I love seeing day to day market moves and how I make out each day
I love seeing my automation come to life and work exactly as it's programmed
But sitting there watching charts and analyzing, and...