From tradestation im used to getting a %drawdown on the x axis which helps to determine a dynamic % stop to use to cut losses. Not much I can do with a fixed number of 40cents. Any insight into this?
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From manual I'm seeing the Adverse Excursion($) on the X axis of this graph is the...worst price trade reached – entry price. So if most of the winners are falling under $0.4 on graph, is this basically just 40cents or is there more to it than that?
From tradestation im used to getting a %drawdown on the x axis which helps to determine a dynamic % stop to use to cut losses. Not much I can do with a fixed number of 40cents. Any insight into this?Tags: None
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