tag:blogger.com,1999:blog-26012405.post8519896568582808260..comments2024-03-10T12:27:40.157+00:00Comments on the trend follower: The breakout stop comes to the rescue (again)Unknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-26012405.post-64692485391993807282016-12-17T12:47:29.748+00:002016-12-17T12:47:29.748+00:00Hi Jay, which of Nick Radge's books are you re...Hi Jay, which of Nick Radge's books are you referring to?<br />cheers IanAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-26012405.post-43803479643077195322016-12-03T14:48:18.321+00:002016-12-03T14:48:18.321+00:00Steve, thanks so much for sharing your thoughts on...Steve, thanks so much for sharing your thoughts on this. I really appreciated the Market Wizards example, and why it would have had a big impact on you.<br /><br />Personally, I had a similar realization when reading Nick Radge's book. He laid out a pretty compelling case for trend followers to trail stops more aggressively. As you said, I've found the smaller losses that result from this approach really help with the positive expectancy over time.<br /><br />On the other hand, my system doesn't use ranges like you do. So this seems like an interesting area for potential improvement. I will have to start thinking about how to codify and test integrating even more tighter stops for these situations.<br /><br />Cheers!<br />Jay<br />Jayhttp://www.intelligenttrendfollower.comnoreply@blogger.com