how big are your stops for YM and ES?

Quote from rover:

its too choppy and commissions are too big a % of $5 tick size
More...

??????????? I dont understand you, how is it choppy??? why does it matter if commission/tick ratio is bigger??? ES has a range of 10points a day and YM has over 100points a day. ?????????
 
Quote from acerbits:

how big are you guys gains compared to loss on average? mine is roughly 1.6x with 60% winners
More...

1:1.25 with ~80% winners. Use auto trailing stops. If I manually trail stops I can get more from the market, however I get trigger happy.

On the right days i've had 100% winners. Lots of discipline needed for it though.

BTW: For everyone, most dont need more than a 1.5 point stop (however 1 point is certainly do-able). Especially if you're scalping. If you don't conceive a way to keep each stop as small as possible, you'll be out of the game in no time.
 
my strategy for low volatility market (ES) uses a 2.5 pt standard stop loss. has worked very well. my strategy for volatile market (also ES) uses 3.0 stop. volatile strategy is new but seems to be working well with 3.0 stop so far.
 
Dude let me put it into perspective, and note i am not live so i realize i have to discount and take everything with a grain of salt. I have had winners that were 100+ points, and my losers are typically no more than 10 points. a typical trade is risking 10 points to make 40. I am not active, i get setups only 1-3 times a day max. I am not in an out. I ride winners.
 
You must log in or register to reply here.
Back
Top