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Bone, Was this testing trailing stops on the way to a predefined profit target? Or just trailing stop trying to gain as much profit as possible? Thanks

Hello bone, When you set your stop loss and profit target, you do not break even, correct? Stay in trade until profit target or stop loss is hit.

Hello bone, Thanks for your input. Help understand some definitions here. Questions: 1. What is your definition of swing trading? In terms of risk vs reward as well. 2. What is your definition of scalping? In terms of risk vs reward. Here is my options of swing trading intraday (let me know...

Thanks fractalize, Are you referring to once waiting for price to break a horizontal support or resistsance level, and then trail a few ticks near that level. For example, here is a trade I took today on a breakout. I exited about 30.27, using tick increments. as you see exiting with an ema...

Thank you very much. It helps to know someones agrees with my exit management strategies. There is disadvantages and advantages with set profit target and trail stop exiting methods. The best thing a trader can do is track the differences Right now I track trail stop with 4 ema and fixed tick...

Hello zentrader, Thanks for your input. I am experimenting with all you mentioned above (profit targets, trailing stops, moving stop to b/e...) and it is some work indeed. I have thought about the 1 or 2 trades per day approach. Which time frame of average range are you referring to? Thanks

Thank you so much fractalize for sharing your experience. That is very interesing your results. Yes, the one thing I am noticing in my data collection with trailing a winner (or trailing stop) is I do not know when that big $1000 trade is coming using trailing stop to make up for the few...

KCalhoun, I am back testing different trade management exits of Fixed Targets R:R1,2,3, the max the price went per trade, and 2 trailing stop methods to trail a winner. From your experience, which exit methods makes the most sense fixed targets or trailing stop?

Sekiyo, Love the read and post. I printed it. Where does a trader get Edge from?

KCalhoun, Great comment. Will start doing this. I like this idea. Robert said something similar to seek anything different between the same setup where one trade win and the other loss.

The only thing I changed about my strategy is not risking $300 per trade to make $50 - $100. I now aim at R:R = 1 per trade and reduced my risk per trade to $200. I am evaluating max RR per trade (I could I have had) or increasing my profit targets to see what happens when I let the trade ride...

trdes, Good question. I study, backtest/practice, and trade sim in the mornings.

Hello Sekiyo, Are you referring to me start a journal in the ET section? The problem/challenge is I am still seeking profitability and learning and practice. I also debug/improve my day-to-day process.

Yes bone, you are right. I have been working to eliminate the mistakes I make daily/weekly and then review the results. So I have some work to do on my end on decreasing my number of mistakes I make. Then I can re-evaluate the metrics of my trades without the minor mistakes and missed trades.

Hello Sekiyo, I have a trading journal I use. I can not post my spreadsheet on here.

Great post Andrea, I rather stay in sim a lifetime, than lose money in a live account. Many say go live for real emotions, but I disagree. If a trader have the discipline to turn a sim account from $5000 to $50000 over XXX-XXXX amount of trades, then go live. Nice and Simple.

Thank KCalhoun, $500 is my daily loss max as well. which was hit today lol

Thanks Best to try them all and see what fits. NQ, ES, CL, RTY.

Thank you for the clarification trdes, I could be wrong, but I read somewhere that ES is not good for intraday swing (targeting 4-6 points per trade) trading, only scalping.

Thanks for compliment. It is needed. All of that could be avoided by picking a position and swing trading to avoid the noise and pony and clown show from the bots playing around with the dom prices.