Stop Loss Delay - Tips and Tricks

[FrankArch]

Hi,

I'm experimenting with the automated stop loss posted by Dallas. It works great save for the inevitable stop triggering on an eventual winner, this (for the strategy I am trialling is becoming problematic). I am experimenting with a stop loss of 50% of stakes at 1,2,3, secs delay. Obviously the greater the delay the greater the stop loss becomes and the shorter the delay greater the likelihood of a trigger on an eventual winner. I am currently running 17.7% of all winners that have been stopped. My eutopia would be to eradicate these stops and achieve 50% stop loss across the board. My main focus is to reduce stops on winners even to the detriment of average stop loss but would still like to achieve an average of c75%.

Could anyone advise if they have found a sweet spot for achieving maximum stop loss for minimum stops on winners and any tips and tricks to try?

I hope I have explained my issue succinctly enough and look forward to any suggestions.

Regards
Graham

[ShaunWhite]

There's no magic number. Markets are efficient, if you stop at 2.0 then 50% will win and if you stop at 10.0 then 10% will win. Stops reduce your variance but they don't improve your RoI per se.

Try looking at the pl for your stop bets seperstely to see if they're adding to your bottom line or not.