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My 6E trading strategy

  #1022 (permalink)

new york
 
Trading Experience: Intermediate
Platform: ninjatrader
Broker/Data: mb trading
Favorite Futures: 6e
 
bobbyacim's Avatar
 
Posts: 184 since Feb 2010


cjbooth View Post
When risk parameters (less than 12 ticks) permit I prefer my stop to be above/below the prior swings high/low

that is the best place to put it as it keeps your stop above the move

At the very least it needs to be 2 ticks above/below the candle before the one you entered on

Charles

Charles,
I have been noticing that the supertrend makes a pretty good stoploss in itself.
Sometimes, the stoploss appears to be more efficent than just using prevous candle or even the Cloud.

What do you think?

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