currencyfxjle
New Member
Even though on the discretionary side, for trend following systems one tries to have larger take profits and minimise the risk, having tight stop losses. For automated trading, usually having a take profit that is more highly probable to be hit is better, due its continued automated execution, you want to have high probability targets in all your trades.
If not, then fixing for some type of martingale criteria works best, in that case having consecutive losses, will help to leverage and recover faster. Note: if the leverage grows too fast as it will in some consolidation periods, then your exposure to systemic risk failure increases sharply.
If not, then fixing for some type of martingale criteria works best, in that case having consecutive losses, will help to leverage and recover faster. Note: if the leverage grows too fast as it will in some consolidation periods, then your exposure to systemic risk failure increases sharply.
