I aggressively move up my stops. When a trade moves at least 25% to its target, I automatically move my stops to a break even point. Getting stopped out does not bother me. Large draw downs bother me. I keep my stops very tight. Statistically, I know only 2 out of 10 of my trades will make it to its price target.
Based on my open future trades, my dollar amount reward is $95K to my risk of only $4K. This is a reward to risk of 24. Risking next to nothing for massive gains.
Sym | Pos | Stop At Break Even? | $ Amt Reward | $ Amt Risk |
6C | Short | No | $12,000.00 | ($4,000.00) |
HG | Short | Yes | $37,500.00 | $0.00 |
ZWZ22 | Short | Yes | $45,500.00 | $0.00 |
Total | $95,000.00 | ($4,000.00) |