Hi Everyone!
I am trading off indicators from Pro Equity Trader and I am wondering if anyone else uses a trailing stop on their system? The TF seems to move very quick so I have it set to move every 3 ticks behind the current price. Sometimes It'll come back and stop me at 3 ticks profit, other times I'll fill 10+ ticks profit. Should I give it more room with my stop? Should I be happy with 3-10 ticks each trade? Any recommendations would be much appreciated.
Thanks and happy trading!
I am trading off indicators from Pro Equity Trader and I am wondering if anyone else uses a trailing stop on their system? The TF seems to move very quick so I have it set to move every 3 ticks behind the current price. Sometimes It'll come back and stop me at 3 ticks profit, other times I'll fill 10+ ticks profit. Should I give it more room with my stop? Should I be happy with 3-10 ticks each trade? Any recommendations would be much appreciated.
Thanks and happy trading!