- 13 September 2013
It's a matter of being able to accept risk over a larger number of trades.
This of course is dependent on your trading capital. One way of finding out if
a looser more realistic stop is beneficial may be to trade smaller contracts at $5 a tick
CFD's or E minis.
Just a thought.
Thanks tech, the Nikkei mini Has a small tick size of slightly larger than five dollars anyway so it's not even the monetary value, I think it is more me not wanting to hurt my equity curve or something I don't know. And what makes it worse is this is only sim! A think because I set myself a goal to get to a equity level I don't want to take a loss to hurt this. But in fact is doing the opposite. I know this, but getting into my head is another thing
Meanwhile when my systematic systems flick back on I will load up 20 orders no worries and accept a much larger loss than I would on any single trading here.