regarding Trailing sl.
As i understood one will place the sl trigger order in the system.That means stop loss order will be placed immediately after original order gets triggered.
With this approach it will create a lot of whipsaws.
for example:- in 30 TF for 2013 the system gave 20 whipsaws. Note that total number of actual trades are 45. that means 45+20 trades in total.
over the period this will be a substantial loss.
slippages+brokerages+whipsaw... are few crucial points to note..
As i understood one will place the sl trigger order in the system.That means stop loss order will be placed immediately after original order gets triggered.
With this approach it will create a lot of whipsaws.
for example:- in 30 TF for 2013 the system gave 20 whipsaws. Note that total number of actual trades are 45. that means 45+20 trades in total.
over the period this will be a substantial loss.
slippages+brokerages+whipsaw... are few crucial points to note..