Denver Colorado USA
Experience: Intermediate
Platform: Motivewave/Optimus Flow
Broker: Optimus/ AMP/ Ironbeam
Trading: es nq
Frequency: Several times daily
Duration: Minutes
Posts: 37 since Feb 2020
Thanks Given: 19
Thanks Received: 39
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Hey stumbras,
The approach I use is to examine my setups and trades, historically, and see how much maximum adverse excursion (MAE) you incurred on entries. I record this data every day for every setup and can see on a rolling basis how much heat I took and how far the move went in my direct (MFE). This helps me set stops and targets.
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