1:00pm CDT - This would have been more palatable if not for yesterday. But at least I followed my plan today. CL would have been a winner but was stopped out by 1 tick. Beans are stuck in slow motion (until today's spike midday anyways).
Net breakdown (contracts traded):
ZS -$974(12), GCL -$622(5)
| RESULTS FOR DAY |
|---|
| Contracts: | 17
|
| Net $P/L: | -1596 |
| Wins: | 0
|
| Losses: | 3
|
| Win%: | 0 |
| Avg$Win: | 0 |
| Avg$Loss: | -532 |
I keep getting bad stop loss fill on QM 1 tick slippage minimum. Very often I got stopped out before it going my way. Maybe a partial stop will help? You only risk additional 30-60 dollar more but with better probabilities making profit or BEP. Besides 1 tick trapped very common on CL, even 4 or 5 tick trap exists.
ReplyDeleteThere's a good thread on elitetrader about volatility adjusted stops. You might want to try some volatility-based stop in your backtests.
ReplyDelete