This was a great great trade that just wrapped up on Bitcoin.
230+ pips!
A tip that could potentially help someone get more pips (or take you out earlier than desired), is to trail your stop loss. When it works, it works great. I started trailing when I was already up 100+ pips on this trade.
When it doesn't work, it takes you out early. I took out a couple of buy positions on Gold today and when it went up 20+ pips, I wanted to "protect" myself so I set my stoploss to breakeven+. All 3 trades hit breakeven and proceeded to go back up.
P.S. Don't mind the chart set up too much... I stripped somethings and added the arrzzfd for testing.
P.P.S. This 1 HUGE trade paid for all my losses the last 2 weeks Thanks much XARD for your help!
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Re: XARD - Simple Trend Following Trading System
jcorp01, Wed Jan 08, 2020 12:07 pm