How to lose little? Some will say ... Put a stop nearby. It's not really that easy. If the stop jumps continuously it is difficult to end the day positively. To do? Obvious ... Put the stop further. Yeah, eureka !!!! Now he wins most days ... It seems perfect doesn't it? No, it's not really that perfect, now the losing day takes away much of the gains from the previous days. An idea.. Put the stop under a high volume candle but ... Also like that sometimes it jumps. Any ideas? Thank you
Errr focus on improving stop placement. Too close, too far is not the issue if PA warrants either. PA is key.
Never seen an algo shop. Got my own. But I also do see and use PA every trading day. PA = tick up, tick down, tick sideways, volume, pattern & especially time.
All I can tell you is dont put it with a US broker or you run a risk of them stealing your entire account and using half if it to bribe the aithorities.
%% THAT can work well/ USa Broker; works even better with good + very good trenders\etfs. MUNI bonds[tax free] are a good market to lose a little; no sense using a wide stop there /with average Year to date %/LOL Another way to lose little /use daily charts but use like 50 days\200 days of them..... But so many SEPTembers tend to go down; + so many OCTobers tend to be bear killers/ factor both in..... NOT a prediction, not bank insured , not going to stop reading Dr Suess sometimes,LOL,