There were a lot of stop outs yesterday. I ended up just flat, I had roughly equal size on them. I guess my only comment is that these setups are too "late" in this recent swing of the market. But that's okay, my problem is trying to anticipate the market's move and what happens typically is that I miss many many moves.
So far the experiment has been proving well. I am much more focused and in control of my setups and my watchlist and I don't seem to be swayed much by what the movers are for the day. It makes my trading terribly boring but I hope that there is a small edge here that I can exploit.
I also like the fact that I am now using trailing stops on my trades. It makes things a lot simpler and a lot faster for me. Whereas before I would have to look at where the stop should be on the market or I've also tried doing ATR stops... I think a simple trailing stop for me would do. I guess this is my way of reducing the variables in my trading so that I can focus on buy points and maybe the selling will take care of itself.
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