For me your stop is large, I use close to the minimum for the market. But I think same applies. I think basically I like tight stops because you can't lose too much but when you win hopefully you win big relative to that. I've been using a 4:1 reward/risk ratio for example. When I started out I thought the likelihood of pulling this off given how close the stop was to entry was unlikely but actually it does happen fairly often. The issue I have is that I average a win every 4 trades so essentially make nothing in the end but that's just my mean, I have a massive standard deviation that I need to get way down i.e. increase win rate if possible before this is useful. So for me I think I need better timing signals to enter and I enter too readily without really using indicators to help me.
To be honest though what I've found which might be obvious to most is that if the market trends for a period of time it's much easier to make money. When it isn't it's very difficult, the problem is you often don't know when it's not trending to a large enough degree until you're in it and then you need to know to take some time and return later. Like sailing with a strong wind and then all of a sudden it's doldrums.
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