Considering I had not closed any of my positions, this is what could have been. These are the figures taken from yesterday's prices.
As you can see i would have been far better off.
Like I said though, all these bets were closed when they hit their stop losses, so the stop loss is doing its job, and I still firmly believe in stop losses, it's just interesting how the market has moved!
Oliver,
ReplyDeleteYour spreadsheet implies that your stop loss moves up along with the shareprice. What percentage do you use? Are you moving them up to reflect intraday highs or do you just do EOD? Thanks for the blog too!
I normally use 7% but adjust according to round numbers etc. For example, if 7% ends up being at 100.25, I would adjust the stop down to 99.75 maybe as 100 will end up being a barrier that other traders would be using to place / end trades.
ReplyDeleteI generally use EOD as I don't watch my bets intraday.