i agree that long/short are usually 2 completly seperate beings and needs to be trated as such! meaning different stops/entries/exits are needed
“if used then they need to be based on current market volatility rather than a set quantity of pips” could you give a good example? And say youre running trend following. A problem that i have is that even after 1 swing up is finished, unless it completly fucks up and just dives down again, it might be a good thing to hold on through the night and let the next day drag u up another swing up. I call these my “super-trades” and they can bring in some serious bucks if i just let them run, compared to closing say with an ATR stop.
Any thoughts on that @Vonasi? Any way to solve that problem? I agree that a fixed amounts of pips for trailing stop is not the best model there is… but without selling the super-trades i think it might be better than to sell off the super-trades?
