About the trailing stop:
I have no statistics made about them in the Dax. Might be helpful before using though.
About shaky weeks - I checked back:
My signals were not very good working when price is around or in Kumo (middle of a leg).
So entry points were more often stopped out as you remarked.
I checked my weekly results this year and have seen that after a good up in the balance some negative weeks
came in. These were normally max. 3 weeks in a row. One in spring was 4 weeks. Thanks the optimized stop loss
setting I had not more drawdown and the gaining curve looks stable.
What I have implemented since start is a NO trade when previous day has a range of more than 150 points. With
this a normal entry time is not to find. That rule helped me the most to not make more red days.
I played around with larger stops (one can read in the first third of this thread). But the results were not better.
Conclusion: My trading style is slow. The stop loss setting is good and optimized. Some shaky markets are not harming
despite some running into stops in a row. As I do not have a price target but a time exit I let the trade run and omit
at the same time strong shakes when US markets are open and news are foreseen.
The following 2 users say Thank You to GFIs1 for this post:
Your input is most welcome.
I started this journey on futures.io (formerly BMT) with this thread - with a very restraint combination of rules - the most important is
to get out within the day and not having a trade over night or weekend (Lower margins and more contracts possible).
In a second attempt I started to journal here in an other thread which is about longer timeframes.
The main thread is here https://futures.io/trading-journals/22509-gfis1-dax-big-move-swing-trade-approach-5.html#post328173
and the new thread in that last post...
I stopped journaling there in April 2014. I might continue this one again...
Have a great weekend
The following 3 users say Thank You to GFIs1 for this post:
I do understand and feel you. Horst for example taking swing trades, or trend trades only if the picture is perfect. Really perfect. He is not hunting all the moves, all the scenarios, only if everything is fit. Same like you. You have very strick rules, what to do and how to do it, and when to do it. So I do understand it It is more like fishing at the right time, than to fishing all the time