hi friends , traders and members ..
we still with stop-loss , there is another kind of stop-loss it call stop-loss by equity ( but it not widely used )
the first thing u should to know - don't trading or decide with emotion - for example
i said " equity stop-loss is not important because it not widely used " , we didn't knew
may be it not important for me , but may cpu choose it as a successful one .
so that smart money included " smart stop-loss " which mean i'm not decide it is good or not
it valid to use in trading or not , but i let the cpu decide which one is the best for trading .
many traders with many pointview , but we needn't a lot of point view , we just need the right one ,
and the right one is the profitable one , CPU will test all of them and decide the best . it looks like scientist approach
as u can optimize trading signals and exit u can also optimize stop-loss , and optimize stop-loss included :
- choose the best stop-loss
- and choose the best parameters for it .
i mean that the best stop-loss which is give us high percent of profitable trades , if use exhaustive search optimization
u should looking for high percent of profitable trades , if u use genetic algorithm optimization ( optimize by objective
function to minimize or maximize something ) u should choose " maximize percent profitable trades " as objective function .
and u ll get the best optimal solution .
my test to get best stop loss using " lead " indicator which give us optimal trading signals - it looks like zigzag indicator
but we will not use it for trading , we just use it to get the best signals to adapt our stop-loss for these signals .
to be continue with examples .
we still with stop-loss , there is another kind of stop-loss it call stop-loss by equity ( but it not widely used )
the first thing u should to know - don't trading or decide with emotion - for example
i said " equity stop-loss is not important because it not widely used " , we didn't knew
may be it not important for me , but may cpu choose it as a successful one .
so that smart money included " smart stop-loss " which mean i'm not decide it is good or not
it valid to use in trading or not , but i let the cpu decide which one is the best for trading .
many traders with many pointview , but we needn't a lot of point view , we just need the right one ,
and the right one is the profitable one , CPU will test all of them and decide the best . it looks like scientist approach
as u can optimize trading signals and exit u can also optimize stop-loss , and optimize stop-loss included :
- choose the best stop-loss
- and choose the best parameters for it .
i mean that the best stop-loss which is give us high percent of profitable trades , if use exhaustive search optimization
u should looking for high percent of profitable trades , if u use genetic algorithm optimization ( optimize by objective
function to minimize or maximize something ) u should choose " maximize percent profitable trades " as objective function .
and u ll get the best optimal solution .
my test to get best stop loss using " lead " indicator which give us optimal trading signals - it looks like zigzag indicator
but we will not use it for trading , we just use it to get the best signals to adapt our stop-loss for these signals .
to be continue with examples .