Thread: Do they use stopps per time?

Does anyone here use Stops for a time?I mean closing an operation that comes into consolidation immediately or stops moving after moving forward (or not

Or also ... do you use a time -based exit to take profits?At first glance, it may not make sense, but if you think about it, it is not so different to maintain an operation until reaching a specific price level.If your system generates many signals, try to analyze not only output levels, but also how long the operations maintain.You may discover a time pattern that optimizes your results.They can also analyze the performance according to the time of entry.There may be time windows in which your model (or yourself

Thanks, Fxa.It is interesting.The first time I heard about Stops per time was in actions.He knew swing traders that adjusted his stops gradually in positions that did not move.They did not want to have their immobilized capital, so they adjusted their stops so that, eventually, they were taken from the operation.That method was quite simple compared to what you mention: take advantage of time as a tool to improve profits.I would love to hear more about this from those who have studied it thoroughly.

Let me contribute something more on this topic ... I recently worked on a project to optimize time in a trading strategy of an external company.We tried your signals in different waiting periods without applying stops or limits, just leaving operations open for a certain time.After analyzing eight years of data and more than 3,500 operations, we find interesting patterns.In some cases, optimal retention periods were much longer than most traders would consider reasonable.Even if it is not an approach to all, it is worth exploring, since you can add a new dimension to the way we operate.

Thanks again, Fxa.I had never thought about this beyond its most basic form.I am surprised by the amount of variables that can come into play.

I started using stops for a few months ago.I realized that I was operating a couple of currencies that did not move at all.I like trends, and this pair was stagnant two days in a row.I checked other opportunities and decided to move my capital to another pair with more movement.It turned out to be a great decision because I was operating in 4 -hour graphics and I took better advantage of my resources.

Use Stops per time, generally between 5 and 10 candles.When I enter an operation, I am supposed to have an advantage.But if after some time that advantage disappears and the operation does not move, I prefer to leave.In my tests, time -based departures rarely improved total profitability, but they did help avoid stagnant operations.Sometimes, the benefit is not only monetary, but psychological.

In my opinion, the relationship between time and price is key.It is something similar to measuring the speed of market movements.If the price moves too fast, it is likely to backed up aggressively.On the other hand, if you enter an operation just when the impulse has been exhausted, most likely you end up trapped in consolidation.Therefore, for me, Stops for a time make no sense.I don't want to get out of an operation just because it has passed x amount of time.I prefer the price to tell me when to leave.

A user named Chfjunkie sent me a private message about this because he can't post in the forum.It seemed interesting to share it here: he mentioned that Joe Dinapoli has a rule called "the rule of three."Basically, if you enter an operation in a 4 -hour graph and after three candles (12 hours

Stops for a time?I don't see it.If you are so anxious to get out of the operation, adjust your price stop, but do not close just for having waited for some time.The market does not follow a clock, follow supply and demand.