I was testing dozens of scalping trades yesterday UVXY TZA SVXY and a few stocks with conditional OTOCO orders.
Trying to figure it out.
Example
If it's at 22.7 going up
A buy stop 23.1 entry
triggers whichever happens next
B hard stop 22.9 or
C trail stop .4
mostly didn't work bc shaken out. Need to test different values, or exit strategy eg C sell limit 23.6
What did work was manually tightening t/s but it's a pita
Trying to figure it out.
Example
If it's at 22.7 going up
A buy stop 23.1 entry
triggers whichever happens next
B hard stop 22.9 or
C trail stop .4
mostly didn't work bc shaken out. Need to test different values, or exit strategy eg C sell limit 23.6
What did work was manually tightening t/s but it's a pita
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