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Beno,
wolfe has a unique trailing stop method. It exits from the float....like if you set it at 10 bucks and use a 50% setting it will start to trail at 10 bucks and if you retrace by 50% it will exit...but if you do not retrace it will keep raising your TP as the price goes in your favor... But the unique thing is that it calculates off the aggregate float not the individual trades.. ES P.S. I refer to this method as WFM (wolfe floating managment) Last edited by ElectricSavant; 03-02-2008 at 10:31 AM. |
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Quote:
you are really a salvation guy E.S ![]() |
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cheers es for the update.
as i understand it with kayvans method you start with 0.1 when price reaches next step ie 2 pips you add 0.1 next 4 pips add 0.1 next 6 pips add 0.1 in what ever direction be it long or short. No sorry, I get it now I have just reread the last 4 pages Last edited by Beno; 03-02-2008 at 10:36 AM. |
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as you discovered it is always 1 pip increments off of a kayvan lag of 2...
PartySavant☺ Quote:
Last edited by ElectricSavant; 03-02-2008 at 10:54 AM. |
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