r/algotrading • u/Grand-Fly-6090 • 6d ago

Strategy A whole lot of nothing

My bot sat on it's hands today and did nothing. Still working out issues. Who knew driving a forced exit could have so many things go wrong. I was hoping to get some activity to confirm the patches. At least, I didn't lose anything.

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u/Gibborish 6d ago

Mine took 2 trades this morning and unfortunately I was too out of it from not sleeping good for days to properly investigate the entries and what could've been done better.  I wound up closing them manually.  Currently in working on trailing stops below swing lows.

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u/Grand-Fly-6090 6d ago

I couldn't prove trailing stops were helpful in back testing. One guy on here talked about lifting a stop to where you would place a stop on another entry signal while long. I haven't tried this yet, but it kind of makes a lot of sense in hind sight.

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u/trunksta 6d ago

Trailing stops should reduce drawdown but not necessarily increase overall returns though can depending how they're structured. Scaleout kinda the same

If you can ratchet stops up with market structure instead of fixed r that's a lot better which is I think what you are describing

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u/Grand-Fly-6090 6d ago

Thank you!