MightyOne wrote:Sacrophage wrote:
Do you have a method to keep spacing paced with volatility? With volatility changing all the time you can either try to thread the needle with the best avg (large enough to not get whipped and small enough to not get whipped LOL) or keep it very tight, expect whip, but kill the big moves. I've never been able to make this type of strategy work for any length of time.
The percentage of the median determines the approximate time frame that you are trading:
2.5%: minute charts
5%: multi-hour charts
10% daily charts.
As long as the median range is not on the small side & your risk is spread over 3.5 lines then you will be fine.
I would not go above 1.1667% risk over 3.5 lines.
If it doesn't work for you then it doesn't work for you.
NOTE: I am not going to be making any new posts,
I am done posting on forums. I wish you all the best.
Thanks, Mighty. Nice chatting for the short time I've been here. Amazing work and patience sharing all you have. Enjoy life!