Throughout my strategy building I’ve noticed these big eye sores:
It hurts to see a trade going good and hitting the skids without stopping the bleeding early.
A trailing stop would seem like a nice fit for this problem but the flip side is that it also cuts gains early if only one uniform method is applied to ALL cases. Hence the need for a trailing stop with multiple rankings that would adjust according to its type of momentum stretch by its ranking method.
It’s just an idea for now, I’m still working on the application of this thing on my Cignus X-1 strategy.
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